Bond yields rise to 6.94% amid inflation concerns
after close1 source ↓written by the desknot a recommendation
- yield increased
- 7 basis points
- on Friday
- 6.94%
- the previous day
- 6.87%
- per barrel
- $100
- in the past
- 26 basis points
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 a weakening rupee further exacerbate inflationary pressures.
• Bond yields have surged 26 basis points in the past month.
• The US benchmark bond yield rose 48 basis points to 4.42% in the same period.
Traders should monitor these developments closely as they may impact market sentiment.
Not investment advice. For informational purposes only.