Rupee drops to two-month low of 96.31/$ as global bond rout deepens, oil jumps
· thehindubusinessline.com
The 10-year US Treasury yield, a yardstick for borrowing costs and asset prices globally, rose to 5.34%, its highest since 2002.
The Indian rupee dropped to its weakest level in two months as global bond yields surged to decadal highs and oil prices jumped, deepening pressure on the So...