India Bonds Slip as Fed Hold, $90 Oil & Rising US Yields Pressure EM

Indian government bonds declined for a third day after the Federal Reserve's decision to hold rates, with the 10-year US Treasury yield rising to 4.70%. Brent crude futures also surged above $90 a barrel amid escalating Gulf tensions. These factors are increasing pressure on emerging market bonds, as higher US rates reduce the appeal of riskier assets and elevated oil prices threaten inflation. For Pakistan, sustained high oil prices and a stronger US dollar due to hawkish Fed signals could exert upward pressure on local inflation and the USD/PKR rate, potentially supporting gold prices.

بحوالہ / Source: www.brecorder.com