Indian bonds decline as US Treasury yields rise
pre-market1 source ↓written by the desknot a recommendation
- rose 1 basis
- 6.48% 2035 bond yield
- basis point
- 7.1205%
- per dollar
- ₹96.96
Indian government bonds fell early Wednesday as US Treasury yields surged, diminishing the attractiveness of emerging-market debt. The benchmark 6.48% 2035 bond yield rose 1 basis point to 7.1205%. The rupee also weakened, hitting a record low of ₹96.96 per dollar amid rising global yields and geopolitical tensions.
Not investment advice. For informational purposes only.