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India 10 year bond yield tumbles most in four years as oil slides and RBI stays steady
Economy
Published on 24 April 2026
A U S Iran truce sent oil down, bonds up sharply
Indian government bonds surged Wednesday, with the 10-year benchmark yield recording its sharpest drop in four years. Investors benefited as oil prices fell after a two-week U.S.-Iran truce, reducing inflation pressure. The rally continued despite the RBI holding its policy rate unchanged, reinforcing confidence in the current monetary stance.
- 10-year bond yield fell the most in four years
- Oil dropped after a U.S.-Iran two-week truce
- RBI kept the policy rate unchanged
- Bond gains suggest relief for inflation outlook
Read the full story at The Economic Times
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The Economic Times