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India bonds tumble as oil spikes amid Iran truce doubts and Hormuz shipping disruption
Economy
Published on 24 April 2026
10-year yield swings back after rally as Hormuz risk rises
Indian government bonds fell on Thursday as oil prices rose on uncertainty around the US-Iran ceasefire and disruptions in the Strait of Hormuz. The 10-year bond yield reversed nearly half of its biggest rally in four years, reflecting renewed risk premium and tightening market sentiment as energy and shipping shocks feed into rate expectations.
- Indian government bonds declined sharply on Thursday
- 10-year yield reversed nearly half of its four-year rally
- Oil jumped due to doubts over the US-Iran ceasefire
- Shipping disruptions through the Strait of Hormuz added risk
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times