Optimism building around potential announcement of an OMO calendar
RBI engages with market participants amid widening India-US yield spread; bond purchases unlikely before final CRR cut at month-end
Global tariff disputes and foreign outflows pressured the rupee, while RBI's 100-basis-point rate cuts and liquidity measures helped bond yields soften during the year
25-bps rate cut by December looks likely, but RBI's neutral stance and global uncertainties mean yields may not fall sharply, says Jain
Investors should focus on short-to-medium bonds and quality corporate debt as RBI nears the end of its rate cut cycle, says Shah
Bond yields rise despite RBI rate cuts as fiscal risks, GST revenue loss, and global conditions fuel market anxiety, dimming hopes of easing borrowing costs
FPIs sold Rs 17,262 crore of government securities under FAR in FY26 so far, but Q2 has seen a turnaround with Rs 14,540 crore in inflows as bond yield spreads widened
Six states borrowed Rs 14,900 crore at the weekly auction while Nagaland did not accept bids for its 10-year bond as long-term state bond yields fell sharply this week
Urge state bond auction via uniform pricing; more of shorter tenure bonds in H2
Government bond yields eased on short covering and FPI buying ahead of a Rs 32,000 crore auction, with spreads between 10-year and 15-year bonds and SDLs widening further
NaBFID aims to raise $1 bn via ECBs and dollar bonds while Nabard eyes overseas fundraising by FY26-end as rising bond yields and global risks weigh on domestic mobilisation
Alongside fiscal concerns, pension funds and insurers have shunned bonds in favour of equities, while large banks have slowed purchases amid mark-to-market losses on existing bond holdings
Fears of a widening deficit have pushed up the benchmark yield by 18 basis points this month, with the bulk of that rise coming last week
Yields on state government bonds also hardened sharply. The 10-year SDL yield, which was in the range of 6.84-6.88 per cent in the first week of April, has climbed to 7.09-7.17 per cent as of Aug 19
Market participants said that the yield on the benchmark 10-year bond might rise to 6.58-6.60 per cent during the next week
Notably, REC Limited raised ₹2,865 crore through 10-year bonds at a coupon rate of 7.06 per cent
Yields dip after RBI eases rate concerns; rupee weakens on Middle East tension, crude oil rally, and tariff fears as dollar demand from oil importers weighs
While the RBI's overall policy intent is clearly growth supportive, the shift to neutral stance has been a communication challenge, Radhakrishnan said
Government bond yields rose as traders booked profits following RBI's 50 basis point repo rate cut and change in policy stance, impacting market sentiment
RBI MPC: The RBI has delivered a liquidity bazooka, but the real gains ahead depend on how fast the credit flywheel turns. Debt investors, thus, must navigate this shift with nuance