Why are bond yields rising across the globe? Higher yields raise borrowing costs for companies, hurting their ability to service debt and make new investments. BSE Sensex fell about 2.3%, its sharpest loss in two months and the fifth straight day of decline, as rising yields soured investor sentiments. View Full Image Growth riddleWhy are higher yields particularly key for India? Domestic yields can also follow US Treasury yields higher if a $1.9 trillion stimulus gets Congress’ nod.
Source: Mint February 24, 2021 17:58 UTC