Mumbai, May 13 -- Indian bond yields stayed elevated today, holding well above 7%-mark. The 10-year Treasury yield closed at 7.05% right now. Local yields have rebounded from around two-week low. The US Treasury yields decline as oil prices move lower, stabilizing after Tuesday's rise that pushed the yields near 4.50% mark. The US inflation expectations are surging as CPI has climbed to highest in nearly three years.

Published by HT Digital Content Services with permission from Capital Market....