Nuvama Fixed Income Advisory Report : Fixed Income Snippets II RBI’s Liquidity Push Fizzles; 10Y IGB Jumps to 6.72

The 10-year government bond yield surged to 6.72%, a level last seen on March 4, 2025, keeping spreads on SDL and corporate bonds elevated versus government securities despite the RBI’s announcement of liquidity infusion measures, including open market gilt purchases, on Friday.