---
title: "Indian bond yields hit multi-year highs as rupee sinks"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287003358.md"
description: "India's 10-year bond yield reached 7.13%, the highest since May 2024, while the 5-year yield hit 6.934%, indicating rising borrowing costs. The rupee fell to an all-time low of 96.35 per U.S. dollar, making it one of the worst-performing currencies globally. Contributing factors include high oil prices, elevated U.S. Treasury yields, and tensions in the Middle East, which are increasing inflation risks and straining India's fiscal outlook."
datetime: "2026-05-20T04:11:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287003358.md)
  - [en](https://longbridge.com/en/news/287003358.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287003358.md)
---

# Indian bond yields hit multi-year highs as rupee sinks

Record yield levels: India’s 10-year bond yield rose to 7.13%, the highest since May 2024, while the 5-year yield hit 6.934%, reflecting rising borrowing costs. Rupee at all-time low: The rupee slid to 96.35 per U.S. dollar, making it one of the worst-performing currencies globally and deterring foreign investment. Global pressures mount: High oil prices, elevated U.S. Treasury yields, and Middle East tensions are fueling inflation risks and straining India’s fiscal outlook.

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