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Broker call● Neutral for Indian equities
RBI may raise rates by 75-100 bps if US yield and crude prices stay high: Motilal Oswal
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Rising US Treasury yields and market pressure
US Treasury yields climbed to multiyear highs, with the 30-year yield above 5.53% and the 10-year at a 19-year high. Reports cited sticky inflation, heavy bond issuance and rising oil prices, while warning of pressure on US and Indian stocks, valuations and capital inflows.
Thursday, 24 September
- RBI may raise rates by 75-100 bps if US yield and crude prices stay high: Motilal Oswal