India 10-year bond yield drops to 6.50% briefly amid erroneous deal: Traders

India’s 10-year government bond yield experienced a sharp, albeit temporary, dip of 14 basis points in early trading, reaching its lowest point since December 8. Traders attributed this significant drop to a ‘fat finger error,’ indicating an accidental trade that is expected to be reversed. The yield briefly touched 6.4964% before the correction.