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Market move● Neutral for Indian equities
10-Year Treasury Yield Rises to New 24-Year High
The brief
- The 10-year Treasury yield rose to a new 24-year high
- Nasdaq gained after second-quarter GDP growth was revised to 2.2%
- CEA warns of looming oil and rate pressures in India’s H2, sees Q2 growth at 7.3%
- Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum
- US economy picks up pace in Q2, grows 2.2%
- US core PCE inflation undershoots estimates as Q2 GDP growth is revised to 2.2%
- Beyond the 7% headline: S&P maps the forces driving India’s next growth phase