# The 10-year bond yield was trading at 6.97 percent on April 24.

*business · news · 2026-04-24 · Moneycontrol*

## Key points

- The 10-year government bond yield rose to 6.97 percent amid US-Iran military escalation fears.
- Brent crude surged to $106 per barrel, up nearly 11 percent this week due to Middle East tensions.
- Iran released footage of commandos boarding a ship at the Strait of Hormuz amid rising hostilities.
- The rupee opened at 94.22 to the dollar, its fifth consecutive session loss due to Brent worries.
- Traders are monitoring a Rs 32,000 crore debt auction covering three, seven, and 30-year tenors today.

**Countries:** United States, Iran, India

[Read the full story on Moneycontrol](https://www.moneycontrol.com/news/business/markets/bond-yields-edge-toward-7-as-us-iran-tensions-push-brent-above-105-13898232.html)

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