The government bond market saw a sharp reaction on February 2, 2026, with the benchmark 10-year government bond yield climbing to its highest level in over a year, a day after Finance Minister Nirmala Sitharaman presented the Union Budget and announced a record gross borrowing programme for 2026–27. The 10-year yield rose by as much as 8 basis points to 6.78%, its highest level since January 17, 2025, marking the Read More …
