US poll jitters, RBI governor talk push up 10-year yields

Yields on the 10-year benchmark security closed at 6.87% on Monday, versus its previous close of 6.84% on Friday, CCIL data showed. Yields closed at 6.82% a week ago. The 10-year US bond yield shot up by nine basis points to 4.27% on Monday.

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Dollar jumps after strong US payrolls report

The US dollar index jumped significantly following the Labor Department’s report indicating an increase of 165,000 jobs last month, which far exceeded economists’ forecasts. As