Japan two-year bond yield rises to highest in nearly 30 years on interest rate hike bets

Rising crude oil prices directly impact India's import bill and inflation, potentially leading to higher interest rates by the RBI. This could negatively affect energy-intensive sectors and companies.

• •Japanese government bond yields have risen, and bond prices have declined.
• •This tracks a broader global selloff in fixed-income markets.
• •The move reflects mounting concerns over persistent inflation.
• •Inflation is driven by a surge in crude oil prices following the escalation of the US-Iran war.
• •Risk flag: Further escalation of US-Iran conflict leading to higher crude prices.