# Rising yeilds hammer Sensex, Rupee | Business News - The Indian Express

> The rupee fell 104 paise to settle at 73.47 against the dollar on February 26 as Indian stocks dropped more than 3.75% in a global bond-yield selloff. US 10-year yields rose to about 1.6%, which analysts linked to expected US inflation.

- Date: 2021-02-27 · published 2021-02-27T12:00:00.000Z
- Category: macro · region India · magnitude medium
- Page: https://feedsoft.ai/events/48921-rising-yeilds-hammer-sensex-rupee-business-news-the-indian-express
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Rising US yields and a stronger dollar pull capital out of emerging markets and weaken the rupee, which raises the cost of dollar-priced imports for Indian feed buyers. The move also reflects broader risk-off conditions that can spill into commodity prices.

## Read by commodity

- USDINR: bullish ▲

## Sources

- indianexpress.com: https://indianexpress.com/article/business/economy/rising-yeilds-hammer-sensex-rupee-7206710/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.