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India bonds slide as oil shock lifts yields ahead of FY27 debt sale
Economy
Published on 24 April 2026
10 year yields hover near an 11th straight rise
Indian government bonds fell on the first trading day of the new fiscal year, with the 10-year yield edging toward an eleventh straight increase. Traders cited higher oil prices after President Trump signaled ongoing attacks linked to Iran, alongside caution before the first FY27 debt sale. Inflation fears and the possibility of rate hikes further pressured sentiment.
- 10-year yield is nearing an 11th consecutive rise
- Oil prices climbed after Iran related attack signals
- Traders turned cautious ahead of the first FY27 debt sale
- Inflation concerns keep rate-hike expectations elevated
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times