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The RBI reference rate for the rupee firmed 0.47% to 94.3996 per US dollar on 5 November. October average government bond yields rose sharply, with the 10-year at 7.41% from 7.17% in September and the 1-year at 6.60% from 6.14%.
Rising Indian bond yields reflect tighter monetary conditions and higher borrowing costs, which can weigh on domestic demand and farm credit; the rupee move itself has limited direct effect on global feed grain prices.
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.