Stories
Global bond markets signal 2007-08 crisis as Nifty faces persistent weakness and sell pressure
C
CNBC Awaaz•06-10-2026, 08:43
Global bond markets signal 2007-08 crisis as Nifty faces persistent weakness and sell pressure
- •Global bond markets are currently signaling a severe crisis reminiscent of the 2007-08 financial meltdown.
- •Nifty's yearly low stands at 21,182, and market analysts note there are still no clear signs of a market bottom forming without a major trigger.
- •US bond yields have surged significantly, with the 10-year and 30-year yields touching highs not seen since 2002.
- •Foreign Institutional Investors continue massive selling in the cash market, keeping the overarching market trend firmly as sell on rise.
Key Questions Answered
Nifty's yearly low is 21,182, recorded on April 2, while its low last week was 22,217, recorded on October 1st.
Global bond markets are signaling a crisis similar to 2007-08. Selling continues in the bond market with the US 10-year yield reaching 5.349% and the 30-year yield hitting 5.703%.
Markets are watching Nifty's weekly contract expiry, a morning cabinet meeting with hopes for an STT tax cut, reports that SEBI may consider withdrawing CAS in F&O, and tomorrow's RBI MPC decision.
