HighPositive
Announced Fri, 10 Jul · 18:13 IST

India's 10-year bond logs best day in over a week on oil relief

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

India's benchmark 10-year bond yield fell 3.8 basis points to 6.7139%, its biggest single-day drop since July 2, supported by strong demand at a 320 billion rupee weekly auction and around $4 billion of foreign bond inflows since early June. Brent crude eased to about $76 per barrel, though it still ended the week up 6%, keeping inflation and rupee risks in focus. Traders are awaiting a possible Bloomberg Global Aggregate Index inclusion announcement later this month, while watching U.S.-Iran tensions, monsoon progress, and the June inflation print due Monday.