Following unexpected US strikes on Iranian nuclear sites, Indian bond yields and the rupee are anticipated to weaken. The 10-year government security yield is expected to rise, while the rupee may depreciate to around 86.80 per US dollar. Rising crude oil prices, exacerbated by potential Strait of Hormuz disruptions, pose inflationary risks for India.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets