Indian bond yields reach three-year high amid oil pressures
ECONOMY & POLICY

Indian bond yields reach three-year high amid oil pressures

Indian government bond yields reached their highest level since March 2023 amid rising crude prices and tighter monetary conditions. The benchmark 2036 bond yield touched 7.4112 per cent before easin...

Indian government bond yields reached their highest level since March 2023 amid rising crude prices and tighter monetary conditions. The benchmark 2036 bond yield touched 7.4112 per cent before easing to 7.3886 per cent. Brent crude traded near $107 per barrel, fuelling inflation concerns, while September consumer inflation reached 5.54 per cent. The Reserve Bank of India raised its repo rate to 5.50 per cent, signalling further monetary tightening

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