{
  "id": 4803983,
  "title": "US Treasury selloff pushes India 10-year bond yield towards 7%",
  "url": "https://urgent.news/2026/09/01/us-treasury-selloff-pushes-india-10-year-bond-yield-towards-7",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T06:27:44.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40437381/us-treasury-selloff-pushes-india-10-year-bond-yield-towards-7"
  },
  "original_language": "en",
  "account": "Indian government bonds experienced a sharp decline at the beginning of the month, driving the benchmark yield close to 7.00%, according to wire reports. The yield on the benchmark 6.94% 2036 bond reached 6.9559% at 10:00 a.m. IST on Tuesday, having closed at 6.9452% the previous day. It had previously surged to 6.9653%, the highest level since June 8. \"Rising US Treasury yields and the escalation in geopolitical risk have dealt a fresh blow to Indian bonds. With the benchmark yield approaching 7.00%, the market appears vulnerable to further selling pressure unless global rates retrace meaningfully,\" said a trader from a primary dealership. US forces targeted two Iranian missile launchers, leading to retaliatory attacks on US personnel in Jordan. The seven-month conflict has driven up oil prices, raising inflation concerns and expectations of stricter monetary policy. The US 10-year Treasury yield reached above 4.75% on Monday for the first time since January 2025 and continued to climb in Asian trade. According to CME FedWatch, the chance of a 25-basis-point Fed rate increase later this month has risen to 66%, up from around 41% a week earlier. This shift was triggered by Federal Reserve Chair Jerome Powell's Jackson Hole remarks, where he indicated the central bank may need to raise rates if inflation does not return to its 2% target. The benchmark Brent crude oil price hovered around $91 a barrel, putting additional strain on major oil importers like India. India's economy expanded 7.8% year-on-year in the April-June quarter, surpassing the 7.1% estimate from a Reuters poll – a figure that could prompt the Reserve Bank of India to consider tightening monetary policy.",
  "summary": "MUMBAI: Indian government bonds fell sharply at the start of the month, pushing the benchmark yield towards 7.00% as US Treasury yields jumped after fresh military escalation between Iran and the United States. The yield on the benchmark 6.94% 2036 bond was at 6.9559% as of 10:00 a.m. IST on Tuesday, after closing at 6.9452% on Monday. It earlier rose to 6.9653%, its highest since June 8. “Rising…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}