10-year bond yields rise on record borrowing plan
after close1 source ↓written by the desknot a recommendation
- yield surged
- 6.78%
- its highest
- 17 Jan 2025
- year-on-year
- 17% increase
The benchmark 10-year government bond yield surged to 6.78%, its highest since 17 Jan 2025, following the Finance Minister's announcement of a record gross borrowing plan of ₹17.2 lakh crore for FY27, a 17% increase year-on-year. This rise indicates selling pressure from investors as yields climb, reflecting declining bond prices.
The higher borrowing target is a critical factor for traders to monitor, as it may sustain upward pressure on yields in the near term.
Not investment advice. For informational purposes only.