US Treasury yields surged, with the 10-year hitting 4.70%, its highest since January 2025, as Brent crude climbed above $100 a barrel. This has significantly increased bets on a Federal Reserve rate hike, with July odds at 30% and September at 80%, reigniting global inflation concerns. Indian government bonds posted a second straight weekly decline, reflecting the pressure from these international market dynamics. Such global shifts could strengthen the US dollar and potentially lead to higher gold prices in Pakistan due to imported inflation and a weaker PKR.
بحوالہ / Source: www.brecorder.com