← Top stories
Market move▼ Bearish for Indian equities
Rising US bond yields weigh on Indian stocks, add pressure on valuations
The brief
- Sensex earnings yield minus the US 10-year Treasury yield turned negative, its lowest in 14 months
- Higher US yields pressure Indian equity valuations, particularly for expensive growth stocks
- Mint Exclusive | How is Indian stock market bottom linked to the US 10-year bond yield? Chris Wood of Jefferies explains
- Gold’s next leg higher faces hurdle as yields rise, Fed rate-hike bets return
- ETMarkets Smart Talk | Fed tightening returns: Ritesh Nambiar on what it means for Indian bonds and the rupee
- ETMarkets Smart Talk | US bonds offer attractive yields again: Nachiketa Sawrikar on the challenge for Indian equities
- 'High US bond yield not a reason to be negative on Indian equities'
Rising US Treasury yields and market pressure
US Treasury yields climbed amid sticky inflation, heavy bond issuance and strong economic activity, with the 30-year yield topping 5.53% and the 10-year reaching a 19-year high. Reports warned of pressure on US stocks and investor confidence and capital inflows in India; the Sensex earnings yield minus the US 10-year yield turned negative, its lowest in 14 months.
Monday, 28 September
Sunday, 27 September
- Rising US bond yields weigh on Indian stocks, add pressure on valuations