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India on Track for Driest Monsoon Since 2009 Due to El Niño, Threatening Crop Yields and Food Prices
A strengthening El Niño is curbing rainfall, putting India on course for its driest monsoon in 17 years. This development threatens crop yields and raises risks for food prices.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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Next: U.S. Treasury yields fell across the board, with the 30-year yield down 8 basis points from Tuesday; spot gold rebounded 2.3% to approach the $4,400 mark.
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