Mumbai, Oct. 21 -- Indian government bond yields continued to move higher amid elevated crude oil prices. Markets are expecting further rate hikes from the central bank given sustained inflationary pressures. The yield on the benchmark 6.94% GS 2036 zoomed to 7.45%, jumping around 5 basis points. The yields are at highest in two and half years. Global yields have eased slightly in last few sessions but domestic yields have refused to soften amid volatile equities and lack of major economic cues. Recent inflation data showed a massive uptick in both consumer and producer price inflation and overall mood on consumption spending is cautious ahead of festive season. The next Reserve Bank of India (RBI) Monetary Policy Committee (MPC) meeting ...