The Reserve Bank of India purchased bonds at higher prices than the market on Monday. This move aimed to control bond yields during a period of geopolitical uncertainty. Market participants offered a significant amount for the bonds. The RBI’s action is seen as an effort to lower yields in the current uncertain environment.
US 10-year Treasury yield tops 19-month high as oil prices fuel rate-hike bets
US Treasury yields rose significantly, with the 10-year rate exceeding 4.75 percent. Rising oil prices and persistent inflation fueled expectations of a Federal Reserve rate