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Market move▼ Bearish for Indian equities
US benchmark yield at its highest since 2002 amid rising oil prices
The brief
- The 10-year US Treasury yield reached 5.34% before falling about 5 basis points to 5.24%
- Higher US yields and oil prices can pressure Indian equities and raise borrowing-cost concerns
- US Treasury yields hit highest since 2002 as global bond sell-off deepens
- Global bond yields hit multi-decade highs as oil, inflation and debt worries mount: Report
- Global bond markets sell off as inflation fears and government debt pressure mount
- 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