# India’s benchmark 10-year bond yield climbed three basis points at the open on May 15.

*business · news · 2026-05-15 · Moneycontrol*

## Key points

- India’s 10-year bond yield rose to 7.05%, up three basis points from the previous session.
- State-run oil firms raised petrol and diesel prices by Rs 3 per litre each on May 15.
- The benchmark US 10-year treasury yield crossed 4.5% amid diminished US rate cut expectations.
- CME FedWatch now shows a 37% probability of a US rate hike by December, up from 22% last week.
- The Indian government plans to raise Rs 32,000 crore via a bond auction later today.

**Companies:** state-run oil marketing firms
**Countries:** India, United States, Iran

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/markets/bond-yields-climb-to-7-05-as-us-treasuries-crude-soar-13920030.html)

---

Canonical: https://newsio.io/n/d5780d67-cf77-4e2f-bd3c-276e6244ad06/indias-benchmark-10-year-bond-yield-climbed-three-basis-points-at-the-open-on-ma
Summarized by Newsio from Moneycontrol. https://newsio.io/how-it-works