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Bond Yields Inch Up as Markets Await RBI Policy Decision
M
Moneycontrol•07-10-2026, 09:51
Bond Yields Inch Up as Markets Await RBI Policy Decision
- •Benchmark 10-year government bond yield edged up to 7.2106 percent ahead of the Reserve Bank of India monetary policy decision.
- •Brent crude rebounded sharply overnight, rising above the 100 dollar a barrel mark after trading around 97.80 dollars earlier.
- •A Moneycontrol poll indicates that a majority of experts expect the central bank to hike the repo rate by 25 basis points to 5.5 percent.
- •Retail inflation for August rose to 4.82 percent compared to 4.45 percent in July, keeping inflation outlook in focus.
- •The rupee traded at 96.40 against the dollar as the market closely tracks RBI interventions and measures to support currency depreciation.
Key Questions Answered
The Reserve Bank of India’s monetary policy committee is widely expected to hike the repo rate by 25 basis points to 5.5 percent, which would mark the first interest rate increase since February 2023.
The benchmark 10-year government bond yield edged up to 7.2106 percent from its previous close of 7.1928 percent on the morning of October 7.
India's retail inflation for August came in at 4.82 percent, rising from 4.45 percent in July.
