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Bond yields trade higher on Monday

22 Dec 2025 Evaluate

Bond yields traded higher on Monday as minutes of Reserve Bank of India’s (RBI's) Monetary Policy Committee (MPC) meeting revealed that RBI Governor Sanjay Malhotra was in favour of neutral monetary policy stance while voting for a 25 basis points (bps) cut in repo rate, he added that the neutral stance would provide flexibility to the central bank to act according to the evolving macroeconomic conditions.

In the global market, U.S. Treasury yields ticked higher on Friday as investors digested fresh consumer sentiment data and a tame inflation print. Furthermore, Oil prices edged up on possible disruptions from a U.S. blockade of Venezuelan tankers as the market waits for news about a possible Russia-Ukraine peace deal.

Back home, the yields on new 10 year Government Stock were trading 6 basis points higher at 6.66% from its previous close of 6.60% on Friday.  

The benchmark five-year interest rates were trading 9 basis points higher at 6.43% from its previous close of 6.34% on Friday.

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