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Bond yields trade higher on Friday

11 Sep 2026 Evaluate

Bond yields traded higher on Friday even as crude oil prices soared amid escalating tensions in West Asia, raising worries about India's import bill, inflation and earnings.

In the global market, the 10-year US Treasury yield surged on Thursday, as a sharp rise in oil prices reignited inflation fears and strengthened expectations of a Federal Reserve rate hike. Furthermore, Oil prices reversed course on Friday following a report that Iran and Oman were meeting with Gulf states to reopen shipping through the Strait of Hormuz. 

Back home, the yields on new 10-year Government Stock were trading 3 basis points higher at 7.01% from its previous close of 6.98% on Thursday.

The benchmark five-year interest rates were trading 8 basis points higher at 6.60% from its previous close of 6.52% on Thursday.