Global Market: Japan’s 10-year bond yield hits 30-year high as inflation, fiscal concerns weigh

Japan’s benchmark 10-year government bond yield reached its highest level in nearly three decades. This surge occurred as oil prices climbed, fueling inflation worries among investors. Shorter-dated bond yields also increased, reflecting broader market pressures. Investors are watching a significant government bond auction scheduled for later today. Concerns over fiscal policy and potential inflation are…

Sensex jumps over 600 points, Nifty reclaims 24,000. 5 key factors behind today’s sharp D-Street rebound

Indian stock markets traded higher on Thursday, recovering from Wednesday’s significant decline. Sensex and Nifty saw marginal gains as investor confidence returned to the trading floor. Oil prices continued their upward trend, influenced by escalating Middle East geopolitical concerns. Foreign institutional investors remained net buyers of Indian equities for the sixth consecutive session.