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Indian 10 year bond yield drops fast as Iran US de escalation hopes spark bond rally
Economy
Published on 24 April 2026
Traders bet on calmer West Asia as yields slide
Indian sovereign bond yields fell sharply on Monday, with the 10-year benchmark retreating 9 bps. Traders linked the move to reports of possible de-escalation in West Asia and rising hopes of a US-Iran peace framework. Sentiment also improved after a lower-than-expected state borrowing plan for April-June, leaving markets focused on the central bank’s upcoming policy rate decision.
- 10-year sovereign bond yield fell 9 bps Monday
- West Asia de-escalation hopes lifted market sentiment
- Lower state borrowing plans supported bond prices
- Traders now await central bank policy rate decision
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times