India’s 10-year yield slips as Brent crude retreats from peak

India's benchmark 10-year bond yield fell 1 basis point to 7.4640% as Brent crude dropped 2.14% to $114 a barrel, easing back after touching a six-month high the prior week.

India's benchmark 10-year bond yield fell 1 basis point to 7.4640% as Brent crude dropped 2.14% to $114 a barrel, easing back after touching a six-month high the prior week.

The 10-year Japanese government bond yield climbed to 2.810% on Monday as traders positioned for this week's Bank of Japan and US Federal Reserve decisions, both expected to leave rates unchanged.

The RBNZ, Bank of Canada, Fed, ECB and BoJ all announce policy this week, with pricing pointing to hikes in New Zealand and Canada and holds elsewhere. Guidance on December is likely to matter more than the decisions themselves.

Microsoft and Alphabet report on Wednesday, October 28, with Amazon following on Thursday, October 29, in a week investors see as a key check on whether heavy AI investment is paying off for Big Tech.

The University of Michigan's Consumer Sentiment Index slipped to 48.0 in October from 48.1 in September, above the 46.3 consensus from Reuters, as households continue to worry about prices.

S&P Global's preliminary US October Manufacturing, Services and Composite PMIs are due Friday at 13:45 GMT, with forecasts pointing to a mild slowdown from September's strong readings. The data land days ahead of the Fed's October 28 meeting and could move EUR/USD and the US Dollar.

USD/JPY dropped nearly 0.65% on Thursday to around 157, its lowest since September 30, as fears over AI-related investment hit global equities and lifted demand for the Japanese yen.

The US 10-year Treasury yield fell about 13.5 basis points, dipping under the 5% mark, as investors sought shelter from renewed stress in AI-linked credit and stock markets.

A steep drop in artificial intelligence shares drove investors toward US government debt, sending 2-to-10-year Treasury yields lower by at least 15 basis points in their sharpest single-day decline in over a year.

Gold (XAU/USD) traded near $4,025 in early Asian hours on Friday, its weakest level in more than two months, after oil prices surged on fresh attacks in Saudi Arabia ahead of next week's Federal Reserve meeting.