The yield has surged 78 basis points over the past four months, almost nearing the 7.61% peak touched during the previous rate-hike cycle.
India's benchmark 10-year government bond yield is expected to reach 7.75% by December. This increase is influenced by high crude oil prices and tight liquidity conditions. Persistent bond supply and expectations of further monetary tightening are driving the yield higher. Foreign portfolio investors have sold significant amounts of Indian debt, contributing to market instability. Economic concerns are spreading across emerging markets due to the interplay of oil prices and yields.
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Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Will oil turn into a lingering problem? Is the world economy, India, or the market prepared?