India’s 10-Year Bond Yield Eases Amid RBI Liquidity Measures

The yield on India’s 10-year benchmark government bond (IN067934G=CC) dropped by 2 basis points to 6.6884% on February 11, 2025, from the previous close of 6.7128%. The decline follows the Reserve Bank of India's recent liquidity injections and debt purchases aimed at stabilizing the financial system. Analysts expect yields to remain in the range of 6.65%-6.68% in the near term as the RBI continues its easing measures. This move reflects a cautiously optimistic sentiment in the bond market amid ongoing global economic uncertainties.

Sources: Reuters, Economic Times, Trading Economics