US bond yields hit 19-year high! What's driving the surge and why Nifty, Sensex are feeling the heat? Experts decode
New Delhi, Sept. 29 -- Rising bond yields have caught global attention and have sent ripple effects across the world's major stock markets. US 10-year Treasury yields have surged above 5.2%, the highest level since 2007.The sharp rise has even rattled the Indian stock market with Nifty 50 hitting its six-month low level and slipping below 22,600 on Tuesday, September 29. But why are US Treasury yields rising? And how does it impact the Indian stock market? Let's decode
When the US 10-year Treasury yield increases to high levels like 5.25%, investment in bond yields become attractive, and may contribute to the migration of billions of dollars back to the US by foreign institutional investors (FIIs). Hence, FII-selling can also add pressur...
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