19-May-2026
Markets and Finance
 
INDIA BONDS-Oil-led global bond rout pushes India 10-year yield to 7-week high
19-May-2026

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%. Brent crude futures surged to a two-week high of $112 a barrel in Asian trade, their highest level since May 5, driven by bleak prospects for peace in the Middle East after a drone attack on a nuclear power plant in the United Arab Emirates.

News Source:- https://economictimes.indiatimes.com/markets/bonds/india-bonds-oil-led-global-bond-rout-pushes-india-10-year-yield-to-7-week-high/articleshow/131176340.cms