Bond yields reach one-year high amid inflation concerns
after close1 source ↓written by the desknot a recommendation
- have surged
- 6.82%
- yield nearly hit
- 10-year benchmark government bond
- intraday
- 6.88%
- per barrel
- $100
Bond yields in India have surged to 6.82%, reaching a one-year high, driven by rising inflation risks and fading rate cut expectations. The 10-year benchmark government bond yield nearly hit 6.88% intraday, influenced by elevated crude oil prices above $100 per barrel and foreign investor outflows. Investors are now pricing in potential rate hikes due to inflationary pressures. 📈
Not investment advice. For informational purposes only.