Bond Yields Dip Slightly, Crude Prices Remain Key Focus
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Bond Yields Edge Lower Amidst Soaring Crude Prices, RBI Steps In
M
Moneycontrol•20-03-2026, 09:46
Bond Yields Edge Lower Amidst Soaring Crude Prices, RBI Steps In
•Indian bond yields opened 1 basis point lower on March 20, influenced by Brent crude prices exceeding $100 per barrel.
•The benchmark 10-year bond yield was at 6.7457 percent, up from 6.7330 percent on Wednesday, indicating lower prices.
•Brent crude spiked to nearly $110 a barrel after Iran's airstrikes on Qatar’s Ras Laffan Industrial City, a key LNG hub.
•Damage to the Ras Laffan facility is expected to take years to repair, contributing to the oil price surge.
•Higher oil prices could lead to inflationary pressures, potentially impacting domestic bond yields, while RBI injects Rs 75,000 crore to ease liquidity.
