Bond yields rise to 6.94% amid inflation concerns
pre-market1 source ↓written by the desknot a recommendation
- yield increased
- 7 basis points
- on Friday
- 6.94%
- the previous day
- 6.87%
- per barrel
- $100
- against the dollar
- ₹94
India’s benchmark 10-year bond yield increased by 7 basis points to 6.94% on Friday, up from 6.87% the previous day. This rise raises concerns over potential inflation and monetary tightening by the central bank. High Brent crude prices above $100 per barrel and the rupee's decline below ₹94 against the dollar are intensifying these fears.
• Bond yield has increased by 26 basis points in the last month.
• U.S. benchmark bond yield rose by 48 basis points to 4.42% in the same period.
• Japan's 10-year yield also increased by 3 basis points to 2.300%.
Not investment advice. For informational purposes only.