The yield on India’s 10-year G-Sec fell to around 6.8%, its lowest level in nearly two months, as renewed foreign investor demand lifted sentiment in the debt market. Foreign investors purchased nearly INR 10,000 of Indian bonds over the last four trading sessions, supported by the government's decision to fully exempt taxes on gains from eligible debt investments and the Reserve Bank of India's move to expand the range of securities available to overseas investors. The inflows mark a turnaround after FPIs had net sold more than INR 10,119 of Indian debt since the start of the US-Israel conflict involving Iran. Bond yields also came under pressure from expectations of RBI support for the rupee. Traders indicated the central bank likely intervened after recent currency weakness, reportedly selling dollars in the spot market while conducting dollar-rupee buy/sell swaps with maturities exceeding one year through state-run banks.