Global Markets Face Correction Risk As Bond Yields Rise And Oil Prices Remain Elevated

Global markets are facing increased volatility as US Treasury yields rise and foreign investors continue to sell Indian equities. The West Asia conflict and elevated crude oil prices remain key concerns for investors. Sudip Bandyopadhyay, Market Expert, says the market is increasingly worried that countries could eventually stop using existing crude inventories and return to the global market for fresh purchases. This could push oil prices significantly higher and add pressure on inflation and bond yields. Rising bond yields could create further stress for equity markets globally, increasing the possibility of a broader market correction in the near term.