← Top stories
Market move▼ Bearish for Indian equities
Bond Yields Keep Rising Despite Drop in Oil Price, Dovish Fed Speech
The brief
- The long-term Treasury yield touched a 24-year high despite falling oil prices
- New York Fed president said there was “no need for urgency” in raising rates
- Higher US yields can pressure Indian equities and foreign flows, including rate-sensitive sectors
- Fed's Williams sees no urgency for next Fed rate hike
- Fed's Williams sees a possible rate hike later in 2026, with no rush to act
- Gold rises but strong Fed hike bets keep it near seven week-low
- Gold's lustre dims as Treasury yields surge, markets bet on higher Fed rates
- Gold and silver ETFs fall as bullion prices slide amid higher yields and Fed rate-hike fears