India's 10-Year Bond Yield Hits Two-Year High Amid Supply Concerns
India's 10-year government bond yield rose to 7.1848% on Monday, marking its highest level since April 2024. The increase was driven by rising global yields and concerns over domestic supply. Traders reacted to India's borrowing calendar shifting toward longer maturity bonds, raising duration risk. Fears of additional Reserve Bank of India bond sales also added to market volatility.
ET Markets·1h ago