New Delhi, March 30 -- With the 10-year U.S. Treasury yield now around 4.4% and volatility elevated, investors are again facing a familiar question: should they defend against further bond price losses, or use higher yields to lock in income in 2026? Treasury yields have climbed sharply in March as oil-driven inflation worries, geopolitical stress, and persistent fiscal concerns pushed markets to reassess how quickly the Fed can ease.

After a relatively calm start to the year, the 10-year Treasury yield moved higher through early and mid-March, reaching roughly 4.27% to 4.39% in recent trading, with some reports showing it above 4.40% after weak auction demand and renewed inflation fears. That has made duration risk more visible again fo...