India’s 10-Year Yield Rises to 6.56% Amid Fiscal Tightness Concerns

India’s benchmark 10-year bond yield inched up to 6.56% as investors priced in a tighter fiscal stance and cautious monetary-policy communication. Broader macro signals suggest that demand for sovereign debt remains steady, but market participants are watching liquidity flows and inflation data closely to gauge potential changes in the Reserve Bank’s policy trajectory.