# Indian 10-year bond yields may ease to 6.75%-7% by March 2027, rupee likely to appreciate: SBI Research

> SBI Research forecasts India's 10-year bond yields could ease to 6.75-7% by March 2027 and expects the rupee to appreciate. It flags that US Treasury yields could temporarily rise to 5.25-5.35% before settling near 4.75%, citing a large US Treasury supply imbalance.

- Date: 2026-11-01 · published 2026-11-01T18:11:03.585Z
- Category: macro · region India · magnitude low
- Page: https://feedsoft.ai/events/29947-indian-10-year-bond-yields-may-ease-to-6-75-7-by-march-2027-rupee-likely-to
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar and lower US yields would ease Indian import costs, but short-term Treasury volatility could strengthen the dollar and pressure the rupee.

## Read by commodity

- DXY: neutral
- USDINR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-03-28 | [BOT likely to keep rate at 1.5% for rest of year](https://feedsoft.ai/events/72256-bot-likely-to-keep-rate-at-1-5-for-rest-of-year.md) | +0.6% | +0.1% |
| DXY | 2025-10-31 | [Indian rupee holds above record low on state bank dollar sales, ends month flat - Markets - Business Recorder](https://feedsoft.ai/events/22693-indian-rupee-holds-above-record-low-on-state-bank-dollar-sales-ends-month-flat.md) | +0.3% | -0.2% |
| DXY | 2022-10-15 | [Fed's Bullard says boost to dollar from interest rate hikes may ease \| Reuters](https://feedsoft.ai/events/39330-fed-s-bullard-says-boost-to-dollar-from-interest-rate-hikes-may-ease-reuters.md) | -0.5% | -3.8% |
| DXY | 2018-07-24 | [Bond yields rise worldwide on BoJ easing talk](https://feedsoft.ai/events/64286-bond-yields-rise-worldwide-on-boj-easing-talk.md) | -0.7% | +0.8% |
| DXY | 2024-11-12 | [Vietnam dong unlikely to depreciate strongly vs. US dollar in near term: broker](https://feedsoft.ai/events/27697-vietnam-dong-unlikely-to-depreciate-strongly-vs-us-dollar-in-near-term-broker.md) | +0.8% | +1.1% |

## Sources

- indianeconomicobserver.com: https://www.indianeconomicobserver.com/news/indian-10-year-bond-yields-may-ease-to-675-7-by-march-2027-rupee-likely-to-appreciate-sbi-research20261101134835/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.