US Treasury selloff impacts Indian bonds and rupee
after close1 source ↓written by the desknot a recommendation
- basis point
- 7.1205%
- per dollar
- ₹96.96
- Nifty 50 fell
- 0.41%
- 23,521
Indian government bonds declined as rising U.S. Treasury yields dampened emerging-market debt appeal. The benchmark 6.48% 2035 bond yield rose 1 basis point to 7.1205%. The rupee hit a record low of ₹96.96 per dollar, while the Nifty 50 fell 0.41% to 23,521. Outflows are expected amid global yield pressures.
Not investment advice. For informational purposes only.