Rising oil prices and mounting fiscal worries also sent the benchmark 10-year U.S. Treasury yield to its highest level since 2023 on Wednesday. It was last at 6.84%.

Indian government bonds weakened as Brent crude oil prices surged past one hundred dollars. This surge rekindled inflation concerns and darkened the interest rate outlook for the…

Rising oil prices and mounting fiscal worries also sent the benchmark 10-year U.S. Treasury yield to its highest level since 2023 on Wednesday. It was last at 6.84%.