Indian 10-Year Bond Yield Holds at 6.92% as Brent Nears $92 After US Strikes Iran
Updated
Updated · Moneycontrol · Jun 10
Indian 10-Year Bond Yield Holds at 6.92% as Brent Nears $92 After US Strikes Iran
3 articles · Updated · Moneycontrol · Jun 10
Summary
India’s benchmark 10-year bond yield was little changed at 6.9177% on June 10, with traders largely staying sidelined as Middle East tensions intensified.
Brent crude rose about 1% overnight to near $92 a barrel after US strikes in Iran, following Tehran’s claim it had downed a helicopter at the Strait of Hormuz, darkening the outlook for a fragile ceasefire.
US May inflation data is the next key trigger for bond markets, with investors now pricing in a 25-basis-point Fed rate hike by year-end after starting 2026 expecting cuts.
At home, investors expect Indian yields to ease in coming days as Reserve Bank of India measures to support capital inflows into government securities begin to filter through.