US 10-year yield may rise to 5.5% by mid-2027, stronger dollar to pressure rupee: Standard Chartered

Steven Englander, Managing Director - Global Head of G10 FX Research, and North American Macro Strategy, Standard Chartered Bank, expects US Treasury yields to move higher over the next two years as the US economy remains resilient, with the dollar also likely to strengthen. He believes higher US rates could create challenges for emerging markets and keep pressure on currencies such as the rupee. What could this mean for global investors and India's markets?