<ul><li>The new benchmark 10-year bond yield in India was at 6.2121 per cent as of 09:45 AM IST.</li><li>New Delhi plans to raise ₹27,000 crore through the sale of bonds on Friday.</li><li>Indian bond yields have been fluctuating due to bets on policy easing and the rise in US Treasury yields.</li><li>Reserve Bank of India is expected to cut interest rates for a third time on June 6, and traders anticipate the central bank's dividend transfer to exceed the previous year's amount.</li></ul>

Bond bulls buy into market despite rise in yields and heavy debt supply

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