30-June-2026
Markets and Finance
 
India 10-year bond set for best month in 7 years on oil slide, foreign demand
30-Jun-2026

Indian government bonds rose on Tuesday, with the benchmark 10-year yield on track for its biggest monthly decline in nearly seven years, supported by lower oil prices and a pickup in foreign buying. The yield on the benchmark 6.94% 2036 bond was at 6.7223% by 11:45 a.m. IST, its lowest since March 18. It has declined 28 basis points in June, its steepest monthly fall since July 2019. Indian debt has gained momentum this month after the Reserve Bank of India introduced measures to attract dollar inflows and support the rupee, while the government removed taxes on foreign investment in government bonds.

News Source:- https://economictimes.indiatimes.com/markets/bonds/india-10-year-bond-set-for-best-month-in-7-years-on-oil-slide-foreign-demand/articleshow/132086141.cms