Indian Bonds Slide For Sixth Week Amid Global

Economic Times Markets · stocks

Indian government bonds have experienced their sixth consecutive week of decline, influenced by rising global borrowing costs and elevated oil prices. The benchmark 6.94% 2036 bond yield increased, reaching a four-month peak, though strong auction demand prevented it from breaching a key level. This trend mirrors a global debt selloff, with US, Japanese, and German yields hitting multi-year highs. Despite the global pressure, Indian bonds have shown relative resilience due to ample banking system liquidity.