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Market move● Neutral for Indian equities
Four potential positives from higher bond yields
The brief
- The sharp rise in borrowing costs has raised justified alarm
- Higher bond yields also bring potential positives
- US 10-year yield at 24-year high rattles Nifty, rupee and bond markets. Why is India hit hard?
- Long-Dated Treasury Yields Hit 24-Year Highs, French Spread Widens as Bond Selloff Ramps Up
- Stock Market Today: Global Bond Selloff Deepens
- US 10-year Treasury yield reaches highest level since 2002
- Dollar Hits 3-Month High on Prospect of Higher U.S. Rates