Mumbai, March 6 -- The US Treasuries fell for a fourth day, pushing yields higher as a severe spike in crude oil prices ignited inflation worries. The 10-year treasury yields hit three-week high of 4.15%. Equities tumbled with Dow plunging 1.6%. The US-Israeli attacks against Iran continued to weigh on sentiments and are causing a heavy turbulence in stocks and leading to a massive a jump in crude oil prices. The market is now eying US nonfarm payrolls report which is due to come out on Friday.
Published by HT Digital Content Services with permission from Capital Market....
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