{
  "id": 9711480,
  "title": "India bonds set for yet another selloff as Treasury rout deepens",
  "url": "https://urgent.news/2026/09/25/india-bonds-set-for-yet-another-selloff-as-treasury-rout-deepens",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T05:57:01.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40441201/india-bonds-set-for-yet-another-selloff-as-treasury-rout-deepens"
  },
  "original_language": "en",
  "account": "Mumbai: Indian government bonds are set to experience a significant decline on Friday, mirroring the sharp rise in US Treasury yields. The 6.94% 2036 bond yield is predicted to fluctuate between 7.10% and 7.15% until the debt auction, according to a trader from a primary dealership. On Thursday, the yield had closed at 7.1067%. New Delhi plans to sell benchmark paper worth 340 billion rupees ($3.54 billion) later in the day. The trader stated that it will be a \"blood bath today,\" testing the confidence of bulls. US Treasury yields have surged, exacerbating the debt's recent decline, as remarks from Federal Reserve officials about the necessity of conducting additional rate hikes have fueled expectations of such a move in October-December. The 10-year Treasury yield reached its highest level in almost two decades, while the 30-year yield hit its highest level since 2004. Currently, traders believe there is a 67% chance of another rate increase in October, and a 57% probability that the rate would be raised again in December, as indicated by CME Group's FedWatch Tool. The Federal Reserve raised rates for the first time since 2023 last week to curb inflation. Oil prices remain high, with the benchmark Brent crude contract trading near $105 per barrel. Markets are closely watching the possibility of a truce between the US and Iran. India relies on importing nearly 90% of its crude oil needs, making it highly sensitive to shifts in global oil prices. Elevated prices have heightened inflation concerns and heightened expectations of a domestic rate increase. Rate hike forecasts have solidified after August retail inflation reached 4.82%.",
  "summary": "MUMBAI: Indian government bonds will see a large gap-down opening on Friday, tracking a relentless spike in US Treasury yields while elevated oil prices and a large supply of domestic debt add further pressure. The benchmark 6.94% 2036 bond yield is expected to trade between 7.10% and 7.15% till the debt auction, according to a trader with a primary dealership, after ending at 7.1067% on…",
  "key_points": [
    "Indian government bonds to decline sharply, mirroring US Treasury yields",
    "6.94% 2036 bond yield predicted to fluctuate between 7.10% and 7.15%",
    "US rate hike expectations fueling bond selloff and market volatility"
  ],
  "editors_take": "Indian government bonds are likely to suffer another selloff as rising US Treasury yields and expectations of a domestic rate increase intensify pressure on the debt market.",
  "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."
}