Budget 2026: Bond yields likely to rise on higher than expected borrowing plans for FY27 by Live mint | February 1, 2026 7:11 pm | Indian Stocks, Market, News In the Union Budget 2026, Finance Minister Nirmala Sitharaman announced a record ₹17.2 lakh crore borrowing plan, with a fiscal deficit target of 4.3% of GDP, causing worries about rising bond yields amid ongoing fiscal consolidation.