The yields on India’s 10-year G-Sec fell to around 6.86%, reaching a near two-month low as lower crude oil prices eased inflation concerns and improved sentiment toward domestic fixed-income assets. Brent crude plunged to $88.44 per barrel, its lowest level in two months, after US President Donald Trump said a peace agreement with Iran could be signed as early as this weekend, although Tehran stated that no final decision had been reached. Additional downward pressure came after recent Reserve Bank of India measures to attract foreign-currency inflows and support the rupee. The initiatives have reduced benchmark AAA-rated corporate borrowing costs by 40–45 basis points and narrowed credit spreads over government bonds. As a result, Indian companies are expected to raise over INR 310 billion ($3.24 billion) through bonds this week, while expectations that increased overseas borrowing will reduce domestic debt supply have further boosted bond demand and pushed yields lower.

The yield on India 10Y Bond Yield eased to 6.89% on June 12, 2026, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.16 points, though it remains 0.53 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the India 10-Year Government Bond Yield reached an all time high of 14.76 in April of 1996. India 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on June 12 of 2026.

The yield on India 10Y Bond Yield eased to 6.89% on June 12, 2026, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.16 points, though it remains 0.53 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The India 10-Year Government Bond Yield is expected to trade at 6.94 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6.78 in 12 months time.



Bonds Yield Day Month Year Date
India 10Y 6.89 -0.046% -0.164% 0.525% Jun/12
India 52W 6.02 -0.131% 0.105% 0.386% Jun/12
India 2Y 6.20 -0.120% -0.125% 0.383% Jun/12
India 30Y 7.54 -0.038% -0.081% 0.519% Jun/12
India 3M 5.30 0.040% -0.050% 0.010% Jun/12
India 3Y 6.22 -0.073% -0.277% 0.398% Jun/12
India 5Y 6.48 -0.072% -0.345% 0.480% Jun/12
India 6M 5.60 0.113% 0.068% 0.218% Jun/12
India 7Y 6.74 -0.072% -0.234% 0.381% Jun/12



Related Last Previous Unit Reference
India Inflation Rate 3.93 3.48 percent May 2026
India Interest Rate 5.25 5.25 percent Jun 2026
India Unemployment Rate 5.20 5.10 percent Apr 2026

India 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
6.89 6.93 14.76 4.96 1994 - 2026 percent Daily

News Stream
India 10Y Yield Hits Near Two-Month Low
The yields on India’s 10-year G-Sec fell to around 6.86%, reaching a near two-month low as lower crude oil prices eased inflation concerns and improved sentiment toward domestic fixed-income assets. Brent crude plunged to $88.44 per barrel, its lowest level in two months, after US President Donald Trump said a peace agreement with Iran could be signed as early as this weekend, although Tehran stated that no final decision had been reached. Additional downward pressure came after recent Reserve Bank of India measures to attract foreign-currency inflows and support the rupee. The initiatives have reduced benchmark AAA-rated corporate borrowing costs by 40–45 basis points and narrowed credit spreads over government bonds. As a result, Indian companies are expected to raise over INR 310 billion ($3.24 billion) through bonds this week, while expectations that increased overseas borrowing will reduce domestic debt supply have further boosted bond demand and pushed yields lower.
2026-06-12
India 10Y Yield Stabilizes as Oil Prices Ease from Highs
The yield on India’s 10-year G-Sec hovered around 6.9%, stabilizing after recent declines as investors monitored oil prices, which retreated from recent highs despite ongoing tensions between the United States and Iran. Market sentiment remained cautious, although easing crude prices helped temper concerns over the economic impact on India. Brent crude had earlier surged to as high as $95.50 per barrel after the United States carried out fresh strikes on multiple targets in Iran, escalating geopolitical tensions and raising fears of disruptions to global energy supplies. However, prices later eased from those levels, providing some relief to bond markets. Meanwhile, US inflation data offered mixed signals. Headline inflation accelerated to 4.2% year-on-year, the highest level in more than three years, while the core measure rose less than expected. The softer underlying inflation reading helped keep expectations for near-term Federal Reserve interest rate moves largely unchanged.
2026-06-11
India 10Y Yield Falls to Near Two-Month Low
The yield on India’s 10-year G-Sec fell to around 6.8%, its lowest level in nearly two months, as renewed foreign investor demand lifted sentiment in the debt market. Foreign investors purchased nearly INR 10,000 of Indian bonds over the last four trading sessions, supported by the government's decision to fully exempt taxes on gains from eligible debt investments and the Reserve Bank of India's move to expand the range of securities available to overseas investors. The inflows mark a turnaround after FPIs had net sold more than INR 10,119 of Indian debt since the start of the US-Israel conflict involving Iran. Bond yields also came under pressure from expectations of RBI support for the rupee. Traders indicated the central bank likely intervened after recent currency weakness, reportedly selling dollars in the spot market while conducting dollar-rupee buy/sell swaps with maturities exceeding one year through state-run banks.
2026-06-10