India’s benchmark 10-year government bond yield slipped to 6.6735% in early trade on February 16, 2026, compared with the previous close of 6.6799%. The slight decline reflects steady demand for sovereign debt amid global uncertainty, with investors closely tracking RBI policy signals and inflation trends for future direction.
India’s 10-year benchmark government bond yield opened marginally lower today, settling at 6.6735%, down from the previous close of 6.6799%. The move highlights cautious optimism among investors, with steady demand for sovereign securities balancing global volatility and domestic inflation concerns.
Key Highlights
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Current Yield: 6.6735% (February 16, 2026).
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Previous Close: 6.6799%.
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Market Drivers: Investor preference for safe assets amid global uncertainty.
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RBI Policy Watch: Traders await signals on liquidity management and interest rate stance.
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Inflation Outlook: Moderating inflation supports bond demand, though fiscal deficit concerns remain.
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Investor Sentiment: Marginal yield decline suggests cautious positioning ahead of upcoming economic data releases.
Analysts note that while yields remain stable, any shift in RBI’s monetary policy or global bond market trends could influence near-term movements. The benchmark yield continues to serve as a critical indicator of borrowing costs and overall market confidence.
Sources: Reuters, Business Standard, Economic Times.