Bond yields rise to one-year high on government borrowing
pre-market1 source ↓written by the desknot a recommendation
- yields surged
- 6.77%
- increase
- 7 bps
- gross borrowing
- ₹17.2 lakh crore
- rise from last
- 16%
- expectations
- ₹16-16.5 lakh crore
The Indian government bond yields surged to 6.77%, marking a 7 bps increase, following the announcement of ₹17.2 lakh crore gross borrowing for FY27, a 16% rise from last year. Market expectations were around ₹16-16.5 lakh crore, leading to negative sentiment. Traders anticipate yields may approach 6.80% as a result.
Not investment advice. For informational purposes only.