{
  "id": 19464507,
  "title": "India bonds slips as Treasury rout offsets oil slide",
  "url": "https://urgent.news/2026/11/11/india-bonds-slips-as-treasury-rout-offsets-oil-slide",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-11T07:23:01.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40448409/india-bonds-slips-as-treasury-rout-offsets-oil-slide"
  },
  "original_language": "en",
  "account": "Mumbai: Indian government bonds declined on Wednesday amid a US Treasury selling spree driven by unexpectedly high inflation data, which overshadowed the impact of cheaper oil prices. The benchmark 10-year US Treasury yield surged by over 12 basis points to 4.9830% in Asian trade after October inflation surpassed expectations and signals of a faster rate hike policy from policymakers. Higher US yields diminish the advantage of riskier Indian bonds, diminishing their attraction to foreign investors. The 6.94% 2036 bond yield climbed around 5 basis points from Monday's close to 7.2005% by 10:40 a.m. IST. Markets were closed on Tuesday for a public holiday. Before the auction of a 340 billion rupee ($3.62 billion) bond on Friday, which will inject a significant supply, traders had sold the 10-year bond. Brent crude slipped $6 over three sessions to $92.4 a barrel, following US officials' reluctance to contemplate additional military action against Iran. However, it rebounded slightly on Wednesday after dipping to a two-month low of $91.41 in the preceding session. Although lower oil prices alleviate India's inflation and fiscal pressures, investors are apprehensive about the prospect of a December Fed rate hike, which could prompt the Reserve Bank of India to tighten policy as well. According to a private-bank trader, \"With US CPI confirming potential Fed rate hike in December, the probability of RBI increasing rates in the forthcoming policy heightens.\" The 10-year yield may trade between 7.10% and 7.25% until the next RBI policy, said the trader. Traders will now monitor India's October inflation data due on Thursday. A Reuters poll anticipates annual inflation at 5.93%, up from 5.54% in September.",
  "summary": "MUMBAI: Indian government bonds fell on Wednesday as a US Treasury selloff following hotter-than-expected inflation data outweighed relief from lower oil prices. The benchmark 10-year US Treasury yield jumped more than 12 basis points to 4.9830% in Asian trade after October inflation exceeded forecasts and policymakers signalled a potentially faster pace of rate hikes. Higher US yields erode the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}