India's bond yields decrease on Monday due to US jobs data and expectations of Fed rate cuts.

India's bond yields decreased in the early session on Monday in line with a decline in US peers, following stronger-than-expected US jobs data that boosted expectations that the Federal Reserve will lower interest rates in September. The benchmark 10-year yield fell to 6.9854% from 6.9926%. Indian bond yields are expected to continue tracking global cues such as US yields and oil prices.