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US bond yield is global finance's Achilles heel: Uday Kotak after Fed meeting
Jul 30, 2026
Economic Times

US bond yield is global finance's Achilles heel: Uday Kotak after Fed meeting

The 30-year US Treasury bond yield hit a 19-year high on Thursday after the Federal Reserve kept interest rates steady. Uday Kotak said, "Players may take note of the new conductor of markets' symphony." Many investors worry about inflation as the Fed faces internal disagreements over future rate policy moves.