Indian 10-year bond yield rises on US–Iran tensions
after close1 source ↓written by the desknot a recommendation
- on Friday
- 6.7214%
- increase
- 4 basis points
- a barrel
- $72
India’s benchmark 10-year government bond yield surged to 6.7214% on Friday, marking an increase of over 4 basis points, the largest rise in two weeks. This spike is attributed to escalating concerns over potential military conflict between the U.S. and Iran, which has driven crude oil prices to nearly $72 a barrel, impacting India as a net energy importer. Market participants are unwinding positions amid these global tensions, with the potential for further volatility ahead.
Not investment advice. For informational purposes only.