Indian bond yields rise amid West Asia tensions
pre-market1 source ↓written by the desknot a recommendation
- yield rose
- 7.06%
- before settling below
- 7.02%
- per barrel
- $114
- of its crude
- 90%
Bond yields in India increased as geopolitical tensions in West Asia escalated. The benchmark 10-year government bond yield rose to 7.06% from 7.02% before settling below that level. Brent crude prices surged to $114 per barrel, raising concerns over inflation and energy costs for the country, which imports over 90% of its crude oil.
Not investment advice. For informational purposes only.