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Monday November 6, 11:10 AMIndian bonds seen down as inflation worries mountMUMBAI, Nov 6 (Reuters) - Indian federal bonds are seen slipping on Monday as inflation worries dog investors, with a drop in U.S. Treasuries and tighter cash supply with banks adding to the subdued sentiment, dealers said.* India's headline inflation was at 5.41 percent in the 12 months to Oct. 21, up from the previous week's 5.26 percent reading and its highest since June 17. * Finance Minister Palaniappan Chidambaram said last week controlling inflation expectations was the government's immediate goal, and it would use all measures to rein it in towards 4 percent. * The yield on the benchmark 10-year federal bond ended on Friday at 7.64 percent, up from the previous close of 7.60 percent. * U.S. Treasuries weakened on Friday as data showing unexpected strength in the U.S. labour market and in the service sector led bond investors to push back expectations for Federal Reserve interest rate cuts. -------------------------------------------------------------
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