# The benchmark 10-year yield climbed to 6.93 percent, up from its previous close of 6.87 percent.

*business · news · 2026-03-27 · Moneycontrol*

## Key points

- Indian 10-year bond yield rose to 6.93%, its highest level amid ongoing Iran conflict.
- Indian crude basket is averaging near $150 per barrel, far above the Brent price.
- India has shifted from receiving a crude discount to paying a premium due to supply risks.
- The rupee breached 94 against the dollar for the first time, signaling historic depreciation.

**Companies:** Finrex Treasury Advisors, CR Forex Advisory
**Countries:** India, Iran, United States

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/markets/bond-yields-jump-6-basis-points-as-crude-remains-above-100-13872119.html)

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