Bond yield reaches 14-month high due to crude price surge
pre-market1 source ↓written by the desknot a recommendation
- on Monday
- 6.8173%
- as Brent crude
- 14-month high
- against the US
- ₹93.91
The Indian benchmark bond yield rose to 6.8173% on Monday, marking a 14-month high as Brent crude prices surged above USD 110 amid escalating Middle East tensions. The rupee traded at ₹93.91 against the US dollar, reflecting inflation concerns and pressure on trade balances. Foreign institutional investors have shifted from net buyers to net sellers of government bonds this month.
Not investment advice. For informational purposes only.