# The benchmark 10-year bond yield was trading at 6.9858 percent, as compared to 7.0184 percent in the previous trading session.

*business · news · 2026-05-06 · Moneycontrol*

## Key points

- Indian 10-year bond yields opened three basis points higher at 6.9858 percent on May 6.
- Brent crude fell 1.3 percent to $108 after Trump cited 'great progress' towards an Iran deal.
- A new 10-year Indian government bond will replace the current benchmark 6.48 percent 2035 bond.
- The new 10-year note traded at 7.00 percent in the when-issued segment before the debt auction.

**Countries:** India, United States

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/markets/indian-bonds-open-3-basis-points-higher-due-to-easing-brent-crude-prices-13910035.html)

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