The brief
- US Treasury yields hit fresh highs as bond selling resumed
- An uncertain long-term outlook outweighed temporary inflation relief
- Higher US yields can pressure Indian equities and raise borrowing costs for rate-sensitive sectors
- Fed’s Cook: inflation has been too high for too long
- Goldman pushes Fed rate hike to December after cooler inflation
- US inflation comes in below expectations in August amid high energy prices linked to Iran war
- Gold price today: Why is gold rising after cooler US inflation data?
- The dollar inflow puzzle
Rising bond yields and pressure on markets
Rising US Treasury yields, inflation concerns, and oil above $100 weighed on global debt and equity markets. Indian bond yields rose amid global selling and expectations of higher borrowing, while foreign investors sold Indian equities as bond yields increased.
Thursday, 1 October
- Treasury Yields Hit Fresh Highs