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Wednesday, 7 October 2026
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Today's read · Wednesday, 7 October 2026

Bond Yields Surge Amid Global Rate Hikes

US 30-year bond yields have reached a 24-year high, indicating persistent inflation concerns and potential further rate hikes. India's central bank has raised rates for the first time since 2023, reflecting global inflationary pressures. Rising oil prices due to geopolitical tensions in Saudi Arabia could exacerbate inflation, affecting multiple asset classes globally.
The mood right now · inflation-driven rate hike cycle

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