India's 10-year bond yield lingers near 7% mark as oil prices jump
Mumbai, Sept. 2 -- India's government bond yields firmed up further today, holding near three-month high as WTI Crude oil broke above $90 per barrel and flared up inflationary concerns. The local 10-year bond yield almost hit 7% mark. Global yields stayed elevated. US 10-year Treasury yields have zoomed up today, hitting around three-year high of 4.81% amid soaring crude oil prices and firm cues on the economic front.
Published by HT Digital Content Services with permission from Capital Market....
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