“The markets were raring for an opportunity to move higher, and the Maharashtra election outcome is likely to be that trigger, but it is largely a sentimental flip,” said Rohit Srivastava, founder, indiacharts.com. “An oversold market feeds on itself and the short covering Friday was just the beginning.”
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
August 31, 2026