Bond Yields

Indian benchmark bond yield rose to a 14-month high on Monday, possibly due to surge in Brent crude oil prices amid escalating conflict in the Middle east. The 10-year government bond yield was trading at 6.8173 per cent around 11 am on Monday, as compared to Friday's close of 6.737 per cent. The yield is highest since January 14, 2025, according to the data compiled from market participants. "Bond yields are rising in response to crude oil prices climbing above USD 110 amid escalating tensions between the US-Israel and Iran. Foreign institutional investors who were net buyers of government bonds in January and February, have also turned net sellers in March," said Mataprasad Pandey, vice-president at Arete Capital (Choice Group). He added that higher crude prices are not only fuelling inflation concerns but also putting pressure on India's trade and current account balances, which is a big negative for the already depreciating rupee moving towards 94. "These factors not only dampe

Ten-year yields rose 11 basis points to 4.39 per cent, extending their rise since hostilities began to 44 basis points

Derivatives linked to state debt are gaining momentum as the yield gap between provincial and benchmark notes widens to a multi-year high

India's corporate bond market has seen subdued activity amid global uncertainty and rising yields, with issuers deferring borrowings and FY26 issuances trailing last year's levels

The rupee strengthened and bond yields eased as crude oil prices fell sharply from recent highs, improving market sentiment and boosting demand for government securities

The RBI has announced Rs 1 trillion in OMO purchases to cushion tightening from advance tax outflows, even as broader pressures on durable liquidity persist due to forex interventions

The rupee slid to a new low of 92.30 per dollar as tensions in West Asia drove crude higher, before recovering after RBI sold dollars and bought bonds to curb volatility

Large transfers and bond buys by the Reserve Bank of India have supported fiscal maths and liquidity; sustaining this when inflation or capital flows shift may prove harder

Even as bond yields eased after the policy review, supply pressure and limited relief from switches mean the 10-year yield is expected to stay firm through Q4, with cuts or liquidity support unlikely

Despite easing after the policy review, government bond yields are expected to stay elevated in Q4 as supply pressure persists, debt switches offer limited relief and liquidity support appears unlikel

The dollar, said Aditya Bhave, senior US economist at BofA Global Research, will most likely remain the world's reserve currency.

The yield on the benchmark 10-year government bond hardened by 9 basis points to settle at 6.74 per cent

The 10-year benchmark yield rose to 6.69 per cent after the MPC held rates steady and the RBI refrained from announcing fresh OMOs, despite market expectations

Budget FY27 signals deeper banking reforms, possible PSB consolidation and higher borrowing, shifting the onus to RBI to manage yields and liquidity

As RBI reviews its inflation-targeting framework ahead of 2026, former MPC members back the 4% CPI target, saying the model has anchored expectations despite global shocks

As the surge in g-sec yields remains a drag on long-duration and g-sec scheme performance

Indian investors are in a difficult spot, given the uncertainty. In January to date, the benchmark Nifty saw a small correction of around 3.3 per cent after gaining 9.8 per cent in 2025

Investors are on guard for moves in Japan spilling over into global markets amid the prospect of continued volatility in Tokyo trading ahead of the snap poll Takaichi is scheduled for February 8

Indian government bond yields hit a 10-month high as rising US Treasury yields and cautious sentiment kept pressure on the domestic debt market

The yield on the benchmark 10-year government bond settled at 6.61 per cent, against the previous close of 6.64 per cent