10 stories · 3 min read

US long rates hit a 24-year high, AI fakes outrun the facts, 3,000 jobs land in Hyderabad.

AI Stress Index

14/100Normal

29 Sep close (back-calculated) · Story 06

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Markets at the last close before this edition · 29 Sep

  • Nifty 5022,716On the day, down 0.28%. 1 wk: −2.63%
  • S&P 5007,671On the day, down 0.17%. 1 wk: −1.21%
  • US 10-yr yield5.26%On the day, up 1 bp. 1 wk: +29 bp
  • Brent crude$102.59On the day, down 2.56%. 1 wk: +3.37%
  • Gold$4,180On the day, up 0.27%. 1 wk: −4.49%
  • USD/INR₹96.05On the day, up 0.07%. 1 wk: +0.38%

Yahoo Finance daily closes. Not investment advice.

3,000new jobs in India over two years as DoorDash opens a global tech hub in Hyderabad.
5.62%30-year US Treasury yield on Tuesday, the highest since June 2002.

India edition

What moved in India

2Economy

Fiscal deficit hits 41.9% of FY27 target (opens the source in a new tab)

  • Gap of ₹7.10 lakh crore in April–August; 38.1% a year ago.
  • Capex Capital expenditure: money a company spends on long-lived things like buildings, chips and data centres. at ₹5.10 lakh crore, 41.7% of the year’s budget.
₹7.10L cr
deficit, April–August
41.9%
of FY27 target used

Why it matters Spending outpaces receipts; 4.3% goal tested.

Other side Five months is early; much of it is capex.

World edition

What moved everywhere else

US 30-year yield hits highest since 2002 (opens the source in a new tab)

  • Bond yield The annual return a bond pays at today's price; rising yields mean borrowing is getting dearer. at 5.29%, highest since 2007.
  • Oil above $100 and Fed hike bets drive the sell-off.
5.62%
30-year, top since 2002
5.29%
10-year, post-2007 high

Why it matters Long rates set the price of every loan.

Other side Stocks near highs; cooler oil could ease it.

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