India 10-yr bond yield at 6 pct, lowest since Sep 04

MUMBAI, Dec 16 (Reuters) - The yield on India's 10-year government bond fell to 6 percent for the first time in more than four years on Tuesday as hopes of further rate cuts gathered momentum ahead of the U.S. Fed rate decision.

At 11:05 a.m. (0535 GMT), the benchmark 10-year bond yield IN082418G=CC was at 6.00 percent, its lowest since September 2004. The yield had closed at 6.17 percent on Monday. (Reporting by Swati Bhat; Editing by John Mair)