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Market move● Neutral for Indian equities
Global Market: Eurozone bond yields rise as oil climbs, inflation data eyed
The brief
- Eurozone government bond yields rose as higher oil prices heightened inflation concerns
- Uncertainty over the US-Iran conflict added to interest-rate concerns
- RBI MPC October 2026: Sanjay Malhotra & co may raise interest rates to 5.50% as inflation broadens, poll finds
- Broadening inflation and strong growth add to pressure for an RBI rate hike
- HSBC expects RBI to raise rates by 50 bps in FY27
- Paint makers face a crude shock as competition stays fierce
- Oil price rise puts more pressure on government bonds