India’s 10-year G-Sec (government security) yield rose to around 6.95%, extending gains from the previous session and reaching a twelve-week high. Expectations of tighter monetary policy, elevated oil prices and higher U.S. Treasury yields have added pressure, while hawkish comments from Fed Chair Kevin Warsh increased expectations of a September U.S. rate hike and reduced demand for Indian debt. Investors also remained cautious ahead of April-June GDP data, as stronger-than-expected growth could reinforce expectations for Reserve Bank of India (RBI) policy tightening. Brent crude climbed back toward $90 a barrel, raising inflation concerns and limiting the scope for monetary easing. The RBI’s August meeting minutes indicated that policymakers could consider rate hikes if inflation risks broadened, further weighing on government bonds.