HighNeutral
Announced Fri, 19 Jun · 17:59 IST

India 10-year yield snaps 6-day falling streak as US-Iran talks stall

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

India's benchmark 10-year bond yield ended at 6.8533% on Friday, up 1.5 basis points on the day, snapping a six-session falling streak as stalled US-Iran talks pushed Brent crude briefly past $80 a barrel. Despite the uptick, the yield slipped 4.2 basis points for the week, marking its fourth straight weekly decline. Traders also flagged profit-booking and El Nino risks, with the IMD forecasting monsoon rainfall at 90% of the Long Period Average, raising inflation concerns.