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Falling oil may not offset high US bond yields for India
A September 29 post put Brent near $102.60 and the US 10-year bond yield near 5.25%, arguing that high yields remained the bigger problem for India despite relief from oil prices.
TLDR
A user said on September 29 that falling oil could help India’s rupee, inflation, corporate margins and current account deficit, while high US yields could weigh on foreign institutional investor flows and stock valuations. They viewed mid- and small-cap stocks as more vulnerable to a liquidity squeeze and said they would treat rallies as sensitive to macro conditions until Brent fell below $100 and the US 10-year yield fell below 5%.
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