---
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.

### Related Stocks

- [EPI.US](https://longbridge.com/en/quote/EPI.US.md)
- [PIN.US](https://longbridge.com/en/quote/PIN.US.md)
- [INDA.US](https://longbridge.com/en/quote/INDA.US.md)

## Related News & Research

- [Emerging markets stare at inflation risks as powerful El Niño looms](https://longbridge.com/en/news/293887676.md)
- [With a 6% yield, is Verizon stock a buy as turnaround continues?](https://longbridge.com/en/news/294221479.md)
- [Why I wouldn't touch this 6.5% yielder, even at a discount](https://longbridge.com/en/news/293849398.md)
- [Why JPMorgan CEO Jamie Dimon Says Investors Should Skip 4.6% Yields — ‘I Would Not Be A Buyer’](https://longbridge.com/en/news/294259333.md)
- [US Treasury yields soar as market struggles to interpret Fed](https://longbridge.com/en/news/294339648.md)