Indian rupee, bonds vulnerable to oil pangs on waning Iran diplomacy hopes

The Indian rupee and government bonds are set to face challenges as oil prices climb. Global bond yields have surged to multi-year peaks, creating instability in the market that necessitates RBI intervention. This week brings pivotal US economic data, which may sway investor confidence and market trends. As the monetary policy committee convenes, the RBI is anticipated to sustain its liquidity measures amid this backdrop.