10-year bond yields rise on record borrowing plan
pre-market1 source ↓written by the desknot a recommendation
- yield surged
- 6.78%
- its highest
- 17 Jan 2025
- for FY27
- ₹17.2 lakh crore
- increase
- 8 basis points
The benchmark 10-year government bond yield surged to 6.78%, its highest since 17 Jan 2025, after the announcement of a record gross borrowing plan of ₹17.2 lakh crore for FY27. This marked an 8 basis points increase, reflecting investor sell-off due to rising yields, which signal falling bond prices.
The higher borrowing target may keep government bond yields elevated, impacting market sentiment and investment strategies.
Not investment advice. For informational purposes only.