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News 2026-10-07 07:32 UTC

India 10Y Yield Hits 2-Year High as RBI Tightens Policy

The yield on India’s 10-year G-Sec rose to around 7.23%, hitting more than two-year highs as investors weighed the RBI’s rate hike against persistent inflation risks, higher global bond yields, and elevated oil prices. The benchmark 6.94% 2036 bond yield gained 2 basis points, while the 10-year government bond yield la

News 2026-10-07 02:20 UTC

India stocks seen lower pre-RBI rate decision; inflation fears mount

Indian shares are expected to open lower on Wednesday as persistent inflationary pressures from the Middle East war prompt a widely anticipated 25 basis point rate hike by the Reserve Bank of India. Governor Sanjay Malhotra's comments on inflation risks will be closely watched for future rate path signals.