🇮🇳 Indian Bond Market Briefing Indian government bonds declined on Tuesday following the announcement by Bloomberg Index Services to defer the inclusion of Indian debt in its flagship global index. The decision surprised traders, who had largely priced in the expected inclusion, prompting a market correction. Bloomberg Index Services stated that the review for inclusion remains open and ongoing, citing the need for further evaluation of operational and market-infrastructure considerations. The index provider expects to issue an update on the review by mid-2026. The benchmark 10-year yield rose to $6.6277\%$ from $6.6050\%$ on Monday, reflecting the drop in bond prices. The deferral disappointed investors who had anticipated passive foreign inflows estimated to be between $\$10$ billion and $\$25$ billion over the coming months. ---