The 10-year US Treasury yield has been trading near its highest level since October 2023, while the latest selloff has pushed 30-year yields to their strongest level since 2007. This is despite the large buyback announced by the US Fed and the impact of this can be seen in markets across the world, including India. Why is the rising yield such a big worry for the equity markets? Experts outline multiple concerns. Sandipan Roy, CIO – Motilal Oswal Private Wealth pointed out that “when the rates go up in a market like the US, the entire world will also feel the pressure. At some point, this will have a domino effect. The mortgage prices go up, personal loan prices go up, business loans go up. This will have a domino effect at some point. Right now, it is still a supply-side pressure and not a risk perception.”