India 10-year yield sees largest weekly rise in 15 weeks
after close1 source ↓written by the desknot a recommendation
- yield rose
- 6.7369%
- increase
- 6 basis points
- per barrel
- $110
- per dollar
- ₹93
India's benchmark 10-year bond yield rose to 6.7369%, marking a 6 basis points increase, the largest weekly jump in 15 weeks. This surge follows a spike in oil prices, with Brent crude nearing $110 per barrel, raising inflation concerns and impacting the rupee, which fell past ₹93 per dollar. Traders are wary of a hawkish central bank response.
Not investment advice. For informational purposes only.