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The Economic Times
The Economic Times

INDIA BONDS-Oil-led global bond rout pushes India 10-year yield to 7-week high

India Bonds Oil United States US Treasury

India's 10-year bond yield jumped ​to a nearly seven-week ​high on Monday, tracking a global debt selloff as ​markets braced for higher interest rates and weighed the economic fallout from an extended U.S.-Iran war and rising oil prices.

The benchmark 6.48% 2035 bond yield jumped to its highest ‌level since ⁠April 2 ⁠to settle at 7.1313% versus Friday's close of 7.0644%.

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