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Finance & Markets · 2 stories · About 1 minutePublished 7:04 am IST

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  1. 02Finance & MarketsRBI cancels bond auction bids and schedules ₹1 lakh crore OMO sales
  2. 03Finance & Marketswtvbam.com reports: Global bond sell-off pushes 10-year US Treasury yields toward 5 percent
Finance & Markets02 / 06

RBI cancels bond auction bids and schedules ₹1 lakh crore OMO sales

A busy interior view of the Frankfurt Stock Exchange trading floor showing workstations and financial data displays.
Photo: Ank Kumar / Wikimedia CommonsCC BY-SA 4.0

What happened

The Reserve Bank of India rejected over 50 percent of planned bids for three-year government bonds to contain rising sovereign borrowing costs amid global market volatility. Simultaneously, the central bank announced plans to conduct open market operation (OMO) sales totaling ₹1,00,000 crore across three tranches on September 17, 21, and 28, 2026.

Why it matters

The bid rejection signals the central bank's refusal to accept higher yield demands from investors, capping immediate government debt servicing costs. Meanwhile, the ₹1,00,000 crore in OMO sales will absorb surplus systemic liquidity, directly tightening money market conditions across the scheduled auction dates.

Bigger picture

Central banks must balance curbing sovereign yield spikes against managing banking system liquidity during global market volatility. Combining bid cancellations with multi-security OMO sales allows monetary authorities to stabilize government debt yields without abandoning systemic liquidity controls.

Watch next

Monitor investor demand across the six offered bond series during the initial ₹50,000 crore OMO auction on September 17, 2026, ahead of the secondary tranches on September 21 and 28.

Back to today in 60 seconds
Finance & Markets03 / 06

wtvbam.com reports: Global bond sell-off pushes 10-year US Treasury yields toward 5 percent

A view of the New York City Financial District skyscrapers in Lower Manhattan as seen from the water.
Photo: Daniel Dimitrov / Wikimedia CommonsCC BY-SA 4.0

What happened

A global bond sell-off driven by rising energy prices and heightened interest rate expectations has pushed sovereign borrowing costs across major economies to multi-year highs. Benchmark 10-year U.S. Treasury yields are nearing the 5 percent threshold.

Why it matters

Higher sovereign yields raise government debt-servicing costs and tighten credit conditions globally. A 10-year U.S. yield near 5 percent increases long-term capital costs for corporate and institutional borrowers.

Bigger picture

Sustained energy price volatility risks cementing higher inflation and interest rate expectations, creating persistent structural pressure across global sovereign debt markets.

Watch next

Central bank policy statements and energy price movements will show whether sovereign yields stabilize or break above multi-year highs.

Original source
wtvbam.com
Edition published 7:04 am IST
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