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Bond yields edge lower at opening on softer US treasuries
M
Moneycontrol•09-10-2026, 09:49
Bond yields edge lower at opening on softer US treasuries
- •Government bond yields opened marginally lower on October 9 as softer US treasuries provided relief.
- •The benchmark 10-year yield traded at 7.2614 percent compared to the previous close of 7.2869 percent.
- •The Reserve Bank of India recently raised the repo rate by 25 basis points and shifted to a calibrated tightening stance.
- •High crude oil prices, inflation concerns, and expectations of monetary tightening continue to make investors cautious.
- •Domestic bond investors are closely monitoring the government borrowing calendar and RBI liquidity absorption.
Key Questions Answered
Government bond yields opened marginally lower because softer US treasuries provided some relief to the market, even though investors remained cautious due to high crude prices and monetary tightening expectations.
The Reserve Bank of India raised the repo rate by 25 basis points to 5.5 percent and shifted its monetary stance from neutral to calibrated tightening on inflation worries.
US initial jobless claims fell to 197,000 for the week ended October 3, highlighting labor market resilience, while Federal Reserve officials emphasized concerns over persistent inflation.
