Indian Government Bond Yields are influenced by which of the following?
1. Actions of the United States Federal Reserve
2. Actions of the Reserve Bank of India
3. Inflation and short-term interest rates
Select the correct answer using the code given below.

Correct Option: 1, 2 and 3

Indian Government Bond Yields (G-Sec yields) are deeply integrated with global and domestic macroeconomic variables. Actions of the US Federal Reserve impact capital flows and foreign portfolio investments in India, altering bond demand and yields. RBI's monetary policy stance, repo rate decisions, domestic inflation rates, and short-term interest rates directly dictate the borrowing costs and yield curves.