# As US 10-year Treasury yield hits 3%, nervousness grips Indian markets | News on Markets - Business Standard

> US 10-year Treasury yields reached 3% for the first time in four years, and the dollar rose from multi-year lows. The rupee fell to a 14-month low of 66.91 per dollar, and foreign investors have sold $2.05 billion in April. The dollar index rose to 91.153.

- Date: 2018-04-25 · published 2018-04-25T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/65797-as-us-10-year-treasury-yield-hits-3-nervousness-grips-indian-markets-news-on
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher US yields pull capital away from emerging markets and strengthen the dollar, raising the cost of dollar-priced commodity imports for importers such as India.

## Read by commodity

- DXY: bullish ▲
- USDINR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-11-11 | [Indian bonds, rupee take US inflation scare relatively easy \| News on Markets - Business Standard](https://feedsoft.ai/events/44322-indian-bonds-rupee-take-us-inflation-scare-relatively-easy-news-on-markets.md) | +0.8% | +1.2% |
| DXY | 2021-09-28 | [Dollar hits 10-1/2-month high as Treasury yields surge - Markets - Business Recorder](https://feedsoft.ai/events/45256-dollar-hits-10-1-2-month-high-as-treasury-yields-surge-markets-business-recorder.md) | +0.5% | -0.1% |
| DXY | 2022-01-27 | [Bond yields rise, rupee falls on US Federal Reserve policy and crude prices \| News on Markets - Business Standard](https://feedsoft.ai/events/43416-bond-yields-rise-rupee-falls-on-us-federal-reserve-policy-and-crude-prices-news.md) | +0.1% | +0.7% |
| DXY | 2023-06-30 | [Indian rupee to struggle on more Fed rate hike bets; US yields surge - Markets - Business Recorder](https://feedsoft.ai/events/35782-indian-rupee-to-struggle-on-more-fed-rate-hike-bets-us-yields-surge-markets.md) | -0.4% | -1.5% |
| DXY | 2026-09-15 | [Dollar inches higher as 10-year Treasury yield climbs to highest since 2007 \| MarketScreener UK](https://feedsoft.ai/events/17645-dollar-inches-higher-as-10-year-treasury-yield-climbs-to-highest-since-2007.md) | +0.6% | +2.3% |

## Sources

- business-standard.com: https://www.business-standard.com/article/markets/as-us-10-year-treasury-yield-hits-3-nervousness-grips-indian-markets-118042501250_1.html

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