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Bond yields trade lower on Monday

12 Jan 2026 Evaluate

Bond yields traded lower on Monday as the Reserve Bank of India (RBI) said that India's forex reserves dropped by $9.80 billion to $686.80 billion in the week to January 2.

In the global market, the 10-year Treasury yield dipped on Friday after the latest jobs report showed a mixed picture of the U.S. labor market. Furthermore, Oil prices rose on Friday on growing supply worries linked to intensifying protests in oil-producing Iran and an escalation of attacks in Russia's war in Ukraine.

Back home, the yields on new 10 year Government Stock were trading 3 basis points lower at 6.60% from its previous close of 6.63% on Friday.  

The benchmark five-year interest rates were trading 1 basis point lower at 6.36% from its previous close of 6.37% on Friday.