Adding to the sudden reversal in foreign buying interest in bonds is the rise in crude oil prices over the past few weeks due to concerns of tighter supply and a recent flare-up in Middle East tensions. A higher trajectory for crude oil prices imparts uncertainty to the outlook on India’s inflation and trade deficit.
US stocks today: US stocks rise as energy costs weigh on Fed rate decision; Dow ends 55 points higher
US stock markets saw gains as Wall Street closed higher. Travel stocks like Delta Air Lines and American Airlines Group rebounded. The Federal Reserve commenced