Live blog updates from 9 AM – 12 PM IST on October 13, 2026. All times are in IST.
9:04 AM IST: IMF Flags Rising Government Bond Yields as Biggest Financial Stability Risk The IMF warned that soaring government bond yields have become the biggest emerging risk to global financial stability. (3:34 am UTC · Oct 12, 2026, 11:34 pm ET)
IMF Flags Rising Government Bond Yields as Biggest Financial Stability Risk
- The IMF warned that soaring government bond yields have become the biggest emerging risk to global financial stability.
- IMF official Athanasios Vamvakidis said rising yields represent the biggest change in the risk outlook since the fund’s previous assessment in April.
- The US-Iran conflict is adding to inflation pressures, while government borrowing costs in the US, Europe and Japan climb to multi decade highs.
- Investors are concerned that rising refinancing costs, combined with already high public debt, could intensify fiscal pressure on governments.
- The IMF also flagged risks from a potential pullback in AI related markets, which could trigger wider financial market disruptions.
10:21 AM IST: BlackRock Turns Bullish on US Treasuries, Ends 6 Year Underweight Stance BlackRock upgraded US Treasuries to overweight, favouring short term debt, while cutting its US equity overweight to neutral. (4:51 am UTC · 12:51 am ET)
BlackRock Turns Bullish on US Treasuries, Ends 6 Year Underweight Stance
- BlackRock upgraded US Treasuries to overweight, favouring short term debt, while cutting its US equity overweight to neutral.
- The move ends a stance maintained since October 2020, as BlackRock attributes this year’s bond yield surge mainly to higher real interest rates rather than rising inflation expectations.
- Goldman Sachs, Morgan Stanley and Citi also see value in bonds, while Bank of America warns markets may be underpricing an October Fed rate hike.
- The shift signals growing interest in US government debt after a sustained selloff in bond markets.
11:25 AM IST: Houthi Missile Attacks on Saudi Arabia Kill 18, Injure Over 300 Saudi forces intercepted ballistic missiles launched by Yemen’s Houthi militia targeting Riyadh and Khamis Mushait, according to authori… (5:55 am UTC · 1:55 am ET)
Houthi Missile Attacks on Saudi Arabia Kill 18, Injure Over 300
- Saudi forces intercepted ballistic missiles launched by Yemen’s Houthi militia targeting Riyadh and Khamis Mushait, according to authorities.
- Alerts were issued to residents as attacks continued, with Riyadh’s main international airport reportedly hit on successive days.
- The attacks have killed at least 18 people and injured more than 300, marking Saudi Arabia’s deadliest toll since February, when US and Israeli operations against Iran began.
- The escalating violence poses a major challenge to Crown Prince Mohammed bin Salman’s economic transformation plans.
11:56 AM IST: Modi Says Supply Chains, Trade and Technology Are Being Used as Tools of Coercion Prime Minister Narendra Modi warned that systems once connecting the world are increasingly being used as tools of coe… (6:26 am UTC · 2:26 am ET)
Modi Says Supply Chains, Trade and Technology Are Being Used as Tools of Coercion
- Prime Minister Narendra Modi warned that systems once connecting the world are increasingly being used as tools of coercion.
- He said supply chain disruptions and new trade route bottlenecks are raising concerns over the reliability of global supplies.
- Modi said India is following a different development path and positioning itself as a reliable partner for global investors.
- He also highlighted India’s growth opportunities as AI adoption accelerates across industries and reshapes global trade and technology.
11:56 AM IST: China Opposes India’s Naming of 28 Locations in Disputed Border Areas China said it firmly opposes India’s publication of standardised names for 28 locations in disputed border areas under Chinese con… (6:26 am UTC · 2:26 am ET)
China Opposes India’s Naming of 28 Locations in Disputed Border Areas
- China said it firmly opposes India’s publication of standardised names for 28 locations in disputed border areas under Chinese control.
- Chinese Foreign Ministry spokesperson Mao Ning said Beijing does not recognise the creation of the Ladakh Union Territory and called India’s move “illegal and invalid.”
- China claimed the naming exercise cannot change its position that the western section of the China India border belongs to China.
- The remarks come after India announced standardised names for 28 locations in the disputed border region.
Intraday recap covering 9 AM – 12 PM IST. All times are in IST (UTC/ET equivalents in brackets). For real-time updates, visit our Live News Blog.
