The Economic Times

Treasury rout, oil spike bleed Indian bonds; 10-year yield jumps most in over 2 months

Bond yields in India have surged following a notable uptick in US Treasury yields and escalating oil prices. With inflationary pressures mounting from higher oil costs, concerns regarding Indias economic stability have grown. Analysts predict that the Reserve Bank of India may enact a rate hike in the forthcoming monetary policy meeting, with expectations for the terminal repo rate to potentially rise from 5.75% to 6.