Indian government bond yields climbed sharply on Monday, with the benchmark 10-year note rising to 7.1848%, its highest level since April 2024, as a global bond rout and domestic supply concerns pressured the market. Traders said the shift in India’s borrowing calendar toward longer-dated securities has intensified duration risk, while expectations of additional Reserve Bank of India bond sales have added to volatility.
"India’s 10-Year Bond Yield Hits Two-Year High as Global Selloff and Supply Fears Mount"
Indian government bond yields climbed sharply on Monday, with the benchmark 10-year note rising to 7.1848%, its highest level since April 2024, as a global bond rout and domestic supply concerns pressured the market. Traders said the shift in India’s borrowing calendar toward longer-dated securities has intensified duration risk, while expectations of additional Reserve Bank of India bond sales have added to volatility.
India’s 10-Year Bond Yield Hits Two-Year High as Global Selloff and Supply Fears Mount
RDU Global Wire
Macro Economy & Fiscal Policy Desk
Indian government bond yields climbed sharply on Monday, with the benchmark 10-year note rising to 7.1848%, its highest level since April 2024, as a global bond rout and domestic supply concerns pressured the market. Traders said the shift in India’s borrowing calendar toward longer-dated securities has intensified duration risk, while expectations of additional Reserve Bank of India bond sales have added to volatility.
Editorial & Verification Notice
Reported by RDU Global Correspondent. Formatted and verified using real-time institutional and journalistic wire feeds. Independent reporting adhering to the RDU Global Editorial Code of Conduct.
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