India's Reserve Bank just cut rates, and guess what? The 10-year government bond yield dropped right after. Classic textbook move.

When central banks ease up, bond prices typically climb and yields fall. This one's no exception. Rate cuts usually signal efforts to stimulate growth or manage inflation pressures.

For those tracking global macro trends, these monetary policy shifts matter. They influence capital flows, risk appetite, and eventually crypto market sentiment too. Traditional finance doesn't operate in a vacuum – what happens in bond markets often ripples across all asset classes.

Keep an eye on how emerging market rate decisions play out. They're part of the bigger liquidity picture.