US 10-year Treasury yields badhkar **5.14%** ho gaye hain kyunki investors paisa bond se nikaal kar Tech stocks mein daal rahe hain. Saath hi, Crude oil ke badhte daam aur corporate debt ne market mein tension badha di hai.
Tech rally ka bond market par asar
Market mein scene kuch aisa hai ki investors ka confidence Tech sector mein waapis aa gaya hai. Nasdaq 100 Index 1.2% upar gaya hai, jiske chalte safe-haven maane jaane wale bonds se paisa nikal kar equities mein shift ho raha hai. Iska result ye nikla ki US 10-year Treasury yield 5.14% ke level par touch kar gaya.
Inflation aur Oil ka double attack
Sirf tech rally hi nahi, energy prices ne bhi dikkat badha di hai. WTI crude oil futures mein 2.2% ka jump aaya hai, jo ek mahine ka peak hai. Inflation badhne ka darr bondholders ko pareshaan kar raha hai. UBS ke strategists ne toh yahan tak keh diya hai ki saal ke end tak ye yield 5.2% tak ja sakta hai, kyunki Federal Reserve ka stance kaafi aggressive hai.
Global market mein halchal
Corporate debt ki supply badhne se bhi pressure hai, kyunki Walmart aur Kimberly-Clark jaisi badi companies market se paisa utha rahi hain. Europe mein bhi haalat tight hain; French 10-year sovereign debt yield 4.95% par pahunch gaya hai, jo 2002 ke baad ka highest level hai.
Indian Investors ke liye warning sign
Ab aapke liye ye kyun zaroori hai? Jab US yields badhte hain, toh global investors ke liye wahan 'risk-free' return milna aasaan ho jaata hai. Iska seedha asar India par padta hai kyunki FIIs yahan se paisa nikaal kar US shift kar sakte hain.
Saath hi, India ek major oil importer hai, toh Crude oil ke badhte daam humare Current Account Deficit par pressure daalte hain aur Rupee ko weak karte hain. Abhi ke liye bas itna dhyan rakhein: US inflation data, Global Oil prices aur FIIs ka flow—in teen cheezon par nazar rakhein, tabhi market ki next direction clear hogi.