The yield on India’s 10-year G-Sec rose to around 6.68%, extending gains for a second straight session, as a sharp jump in oil prices and higher US yields spurred selling. Brent crude topped $100 per barrel after Iran sank two Iraqi oil tankers, intensifying concerns about imported inflation and rupee depreciation in India, which relies heavily on energy imports. The 10-year US yield also neared 4.25%, adding external pressure on domestic long-term rates and prompting cautious trading among investors. The Reserve Bank of India has intervened in the secondary market, buying bonds to help cap the rise in yields, while long-term investors purchased net 98 billion rupees of government debt over the past two sessions. Despite these measures, traders remain wary of further volatility as energy prices stay elevated and global rates trend higher. The rupee has hovered near record lows, reflecting continued market sensitivity to oil shocks and geopolitical tensions.

The yield on India 10Y Bond Yield rose to 6.68% on March 13, 2026, marking a 0.01 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.02 points, though it remains 0.07 points lower 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 March 14 of 2026.

The yield on India 10Y Bond Yield rose to 6.68% on March 13, 2026, marking a 0.01 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.02 points, though it remains 0.07 points lower 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 6.67 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 6.54 in 12 months time.



Bonds Yield Day Month Year Date
India 10Y 6.68 0.012% 0.017% -0.066% Mar/13
India 52W 5.83 -0.075% 0.142% -0.734% Mar/13
India 2Y 5.95 -0.065% 0.219% -0.588% Mar/13
India 30Y 7.47 0.023% 0.077% 0.452% Mar/13
India 3M 5.35 0.050% 0.080% -1.100% Mar/13
India 3Y 6.04 -0.092% 0.021% -0.518% Mar/13
India 5Y 6.50 -0.001% 0.081% -0.086% Mar/13
India 6M 5.53 0.004% 0.123% -1.040% Mar/13
India 7Y 6.68 0.036% 0.043% -0.033% Mar/13



Related Last Previous Unit Reference
India Inflation Rate 3.21 2.74 percent Feb 2026
India Interest Rate 5.25 5.25 percent Feb 2026
India Unemployment Rate 5.00 4.80 percent Jan 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
6.68 6.67 14.76 4.96 1994 - 2026 percent Daily

News Stream
India 10Y Yield Rises on Oil Spike
The yield on India’s 10-year G-Sec rose to around 6.68%, extending gains for a second straight session, as a sharp jump in oil prices and higher US yields spurred selling. Brent crude topped $100 per barrel after Iran sank two Iraqi oil tankers, intensifying concerns about imported inflation and rupee depreciation in India, which relies heavily on energy imports. The 10-year US yield also neared 4.25%, adding external pressure on domestic long-term rates and prompting cautious trading among investors. The Reserve Bank of India has intervened in the secondary market, buying bonds to help cap the rise in yields, while long-term investors purchased net 98 billion rupees of government debt over the past two sessions. Despite these measures, traders remain wary of further volatility as energy prices stay elevated and global rates trend higher. The rupee has hovered near record lows, reflecting continued market sensitivity to oil shocks and geopolitical tensions.
2026-03-12
India 10Y Yield Eases as Oil Prices Retreat
The yield on India’s 10-year G-Sec fell to around 6.67%, easing from the previous session, as a sharp pullback in crude oil prices supported demand for sovereign debt. Brent crude retreated to about $88 a barrel after US President Donald Trump signaled the Middle East conflict with Iran could end soon, easing fears of prolonged supply disruptions and inflation risks for India, one of the world’s largest crude importers. Lower energy prices helped improve sentiment toward Indian assets, with the rupee also strengthening. Support also came from the Reserve Bank of India, which has been conducting open market purchases of government bonds to help stabilize the debt market. Meanwhile, traders remained cautious ahead of a large supply of state debt, with Indian states scheduled to raise roughly INR 460 billion through bond sales, limiting further declines in yields.
2026-03-10
India 10Y Yield Climbs Near 1-Month High
The yield on India’s 10-year G-Sec climbed to around 6.75%, approaching a one-month high, as surging oil prices and a weakening rupee triggered a selloff in sovereign debt. Brent crude soared roughly 25% to above $115 per barrel as escalating conflict in the Middle East disrupted shipments through the Strait of Hormuz, raising inflation concerns for the world’s third-largest crude importer. The spike in energy prices, coupled with currency depreciation, heightened worries over rising import costs and broader price pressures, prompting investors to demand higher yields. Market participants said the Reserve Bank of India’s planned open market purchase of INR 500 billion in government bonds later in the day, followed by a similar tranche on Friday, could help temper the rise in yields and stabilize the debt market.
2026-03-09