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India's benchmark 10-year government bond yield fell nearly 11 basis points on Wednesday, its sharpest decline in seven months, tracking US Treasury yields after Democrats won the US midterm elections. Falling crude prices and short covering also supported the decline, and the rupee gained for a fourth session.
Lower oil prices ease India's import bill and inflation pressure, as India is the world's third-largest energy importer. Softer crude also reduces pressure on the rupee and bond yields.
business-standard.comAathira VarierNov 4, 2026After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.
After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
