India 10-year yield sees largest weekly rise in 15 weeks
pre-market1 source ↓written by the desknot a recommendation
- on Friday
- 6.7369%
- increase
- 6 basis points
- per barrel
- $110
- per dollar
- ₹93
India's benchmark 10-year bond yield surged to 6.7369% on Friday, marking a 6 basis points increase, the largest weekly jump in 15 weeks. This spike follows a significant rise in oil prices, with Brent crude hitting $110 per barrel, raising inflation concerns and expectations of a hawkish central bank stance. The rupee also weakened, surpassing ₹93 per dollar for the first time, reflecting broader market volatility.
Not investment advice. For informational purposes only.