📰 Indian Government Bond Brief: January 21, 2026 Indian government bonds registered **early gains** this Wednesday. The surge was fueled by strong market expectations regarding potential **secondary market purchases** by the Reserve Bank of India (RBI). Traders anticipate the RBI may also utilize **open market operations (OMOs)** to effectively manage systemic liquidity. The yield on the benchmark **10-year bond** saw a slight dip, indicating higher prices. This movement is a direct reflection of anticipated central bank intervention aimed at bolstering bond demand and mitigating the impact of current global financial pressures. The RBI's actions are widely expected to provide critical support to the bond market.