印度10年期国债 (India10Y) 加自选

印度BSE Sensex指数在周五震荡后收于81207点，上涨约0.3%，投资者从周四的国定假日回来，权衡了国内和全球的不确定性，包括美印贸易协议和美国政府关门。金属领涨，塔塔钢铁上涨3.6%，有报道称欧盟计划将钢铁进口配额减半，并对超过限额的数量征收50%的关税。银行和基础设施股也支撑了该指数，抵消了汽车、能源和快速消费品股的跌幅。印度储备银行周三宣布了一系列旨在放宽资本市场和大公司规则的贷款改革后，科塔克银行和安讯士银行等私人银行的股价上涨了2%以上。本周，该指数上涨了约1%。

India's BSE Sensex closed about 0.3% up at 81,207 after a choppy session on Friday, as investors returned from Thursday’s national holiday and weighed domestic and global uncertainties, including the US-India trade deal and the US government shutdown. Metals led the gains, with Tata Steel up 3.6% on reports that the EU plans to halve steel import quotas and levy a 50% duty on volumes exceeding the limit. Banks and infrastructure stocks also supported the index, offsetting losses in autos, energy, and FMCG shares. Private banks such as Kotak Bank and Axis Bank added more than 2% after the Reserve Bank of India on Wednesday announced a series of lending reforms aimed at easing rules for capital markets and large companies. For the week, the index advanced roughly 1%.

卢比平静地结束了本周的艰难，但压力可能会持续下去。周五，印度卢比收盘小幅走弱，略高于历史最低点，但在持续的美印贸易摩擦和投资组合外流的背景下，市场情绪仍对卢比不利。

Rupee caps rough week on a quiet note but pressure likely to persist.The Indian rupee closed slightly weaker on Friday, steadying just above its all-time low, but sentiment remained skewed against the currency on the back of ongoing U.S.-India trade frictions and portfolio outflows.

印度央行提议放宽对外借贷规定以促进信贷流动。印度央行周五发布了规则草案，提议让公司更容易用外币筹集资金。

India central bank proposes to ease external borrowing rules to boost credit flow.India's central bank on Friday released draft rules proposing to make it easier for companies to raise funds in foreign currencies.

2025年10月3日，印度10年期G-Sec的收益率降至6.51%，从上一交易日触及的四周高点回落，因为投资者正在等待新的10年期债券的拍卖，以筹集3200亿卢比。新纸币的截断将受到密切关注，交易商表示，低于6.50%的水平是为供需动态定下基调的关键。此外，在印度储备银行将政策利率保持在5.50%后，收益率有所下降，并指出通胀疲软为支持增长开辟了政策空间。市场在很大程度上预计将保持不变，尽管一些经济学家认为外部逆风为12月降息25个基点创造了空间。央行还将2026财年的GDP预测上调至6.8%，并将通胀预期下调至2.6%。与此同时，州长Malhotra指出了关税和贸易政策带来的外部需求风险。美国继续对印度商品征收50%的高额关税，最近还提高了H-1B签证费，预计此举对印度的打击将比其他任何国家都大。

The yield on India’s 10-year G-Sec eased to 6.51% on October 3, 2025, pulling back from the four-week high touched in the prior session, as investors awaited the auction of a new 10-year bond to raise 320 billion rupees. The fresh note’s cutoff will be closely watched, with dealers saying a level below 6.50% is key to setting the tone for demand-supply dynamics. Additionally, yields softened after the Reserve Bank of India kept its policy rate at 5.50%, noting that subdued inflation opens policy space to support growth. Markets largely expected the hold, though some economists see external headwinds creating room for a 25-bp cut in December. The central bank also raised its FY2026 GDP forecast to 6.8% and lowered inflation expectations to 2.6%. Meanwhile, Governor Malhotra flagged external demand risks from tariffs and trade policies. The US maintained its steep 50% tariff on Indian goods and recently raised H-1B visa fees, a move expected to hit India harder than any other country.