Trump's 5-Day Pause Brings Bond Relief, Rupee Still Wobbly

On Monday, the yield on the 10-year bond dipped by 4 basis points after Trump announced a five-day pause on strikes in Iran. Meanwhile, the rupee hit a record low of 93.97 against the dollar, as traders scrambled to defend the 94 mark amid ongoing tensions. While the pause brought some relief, the currency remains on shaky ground.