New Delhi, May 19 -- Bond yields indicate the returns investors earn from holding government or corporate bonds and serve as a crucial measure of interest rate expectations in the economy.

Lately, the surge in global bond yields has raised significant concerns for financial markets amid ongoing inflationary anxieties, geopolitical conflicts, and expectations of elevated interest rates.

The increase in the US 10-year Treasury yield, which has exceeded 4.6%, has bolstered the dollar and diminished global risk appetite. Escalating yields raise borrowing costs, put pressure on equity valuations, and prompt capital flight from emerging markets such as India.

Additionally, rising crude oil prices driven by US-Iran tensions have further fuele...