India inflation jumps to 5.54% in September, strengthening case for further rate hikes

Published 12 Oct 2026, 10:56 UTC. Updated 12 Oct 2026, 20:37 UTC.

India inflation jumps to 5.54% in September, strengthening case for further rate hikes 1470 & 100.3 WMBD

Directly affected

No company is named in this report.

Indirectly affected

TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
SHY iShares 1-3 Year Treasury Bond
Short-term bonds move when the Fed changes rates
SPY SPDR S&P 500
Stocks move when the Fed changes the rate path
JPM JPMorgan Chase
Bank profits move with lending and interest rates
BAC Bank of America
Bank profits move with lending and interest rates
GS Goldman Sachs
Bank profits move with lending and interest rates
XLF Financial Select Sector SPDR
A fund of financial companies
KRE SPDR S&P Regional Banking
Regional banks are sensitive to interest rates
GSG ISHARES S&P GSCI COMMODITY-
Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations.

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
TLT	—	—	—	—	—	—	—
IEF	-0.55%	-0.31%	—	+0.04%	+0.16%	+0.34%	+1.06%
SHY	—	—	—	—	—	—	—
SPY	—	—	—	—	—	—	—
JPM	-0.20%	-1.04%	—	+0.47%	-0.44%	+0.70%	+0.77%
BAC	-0.48%	-1.44%	—	+0.48%	-0.66%	-5.34%	-4.84%
GS	-0.18%	-0.88%	—	-0.12%	-0.37%	-1.86%	-0.47%
XLF	—	—	—	—	—	—	—
KRE	—	—	—	—	—	—	—
GSG	—	—	—	—	—	—	—

India inflation jumps to 5.54% in September, strengthening case for further rate hikes 1470 & 100.3 WMBD

Source: 1470 & 100.3 WMBD

The price since 12 Oct 2026: iShares S&P GSCI Commodity-Indexed Trust (GSG) versus the S&P 500

Since the first closing price after “India inflation jumps to 5.54% in September, strengthening case for further rate hikes,” iShares S&P GSCI Commodity-Indexed Trust (GSG) is +0.71%. The S&P 500 fund (SPY) is -1.47% over the same days, a +2.18% difference versus the market.

Company	When	Move	Status
BAC	that day	+0.48%	final price
BAC	the next day	-0.66%	final price
BAC	two days later	-5.34%	final price
BAC	three days later	-4.84%	final price
BAC	three days earlier	-1.44%	final price
BAC	five days earlier	-0.48%	final price
Invesco Db Agriculture Fund (DBA)	that day	+0.37%	final price
Invesco Db Agriculture Fund (DBA)	the next day	+0.35%	final price
Invesco Db Agriculture Fund (DBA)	two days later	-0.23%	final price
Invesco Db Agriculture Fund (DBA)	three days later	-0.11%	final price
Invesco Db Agriculture Fund (DBA)	three days earlier	+0.60%	final price
Invesco Db Agriculture Fund (DBA)	five days earlier	+0.44%	final price
GS	that day	-0.12%	final price
GS	the next day	-0.37%	final price
GS	two days later	-1.86%	final price
GS	three days later	-0.47%	final price
GS	three days earlier	-0.88%	final price
GS	five days earlier	-0.18%	final price
Ishares Tr (IEF)	that day	+0.04%	final price
Ishares Tr (IEF)	the next day	+0.16%	final price
Ishares Tr (IEF)	two days later	+0.34%	final price
Ishares Tr (IEF)	three days later	+1.06%	final price
Ishares Tr (IEF)	three days earlier	-0.31%	final price
Ishares Tr (IEF)	five days earlier	-0.55%	final price
JPM	that day	+0.47%	final price
JPM	the next day	-0.44%	final price
JPM	two days later	+0.70%	final price
JPM	three days later	+0.77%	final price
JPM	three days earlier	-1.04%	final price
JPM	five days earlier	-0.20%	final price

GSG

SPY

Who gains and who loses around iShares S&P GSCI Commodity-Indexed Trust (GSG)

Companies mentioned with this story

GSG iShares S&P GSCI Commodity-Indexed Trust
In “India inflation jumps to 5.54% in September, strengthening case for further rate hikes,” iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
DBA Invesco Db Agriculture Fund
Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “India inflation jumps to 5.54% in September, strengthening case for further rate hikes.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
MOO Vaneck Etf Trust
Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “India inflation jumps to 5.54% in September, strengthening case for further rate hikes.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
XME Spdr Series Trust
Spdr Series Trust (XME) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “India inflation jumps to 5.54% in September, strengthening case for further rate hikes.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
XLY Select Sector Spdr Tr
For “India inflation jumps to 5.54% in September, strengthening case for further rate hikes,” Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
IWM Ishares Tr
In “India inflation jumps to 5.54% in September, strengthening case for further rate hikes,” Ishares Tr (IWM) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
HYG Ishares Tr
For “India inflation jumps to 5.54% in September, strengthening case for further rate hikes,” Ishares Tr (HYG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
IEI Ishares Tr
Ishares Tr (IEI) is linked, with no stored direction, medium confidence in the 12 Oct 2026 story “India inflation jumps to 5.54% in September, strengthening case for further rate hikes.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

iShares S&P GSCI Commodity-Indexed Trust (GSG)

The 12 Oct 2026 story “India inflation jumps to 5.54% in September, strengthening case for further rate hikes” names iShares S&P GSCI Commodity-Indexed Trust (GSG) because of this story.

For iShares S&P GSCI Commodity-Indexed Trust (GSG), the reason on file says Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

A second company, Invesco Db Agriculture Fund (DBA), is listed for a different reason: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

Price levels for iShares S&P GSCI Commodity-Indexed Trust (GSG)

DBA traded between 27.85 and 28.86 across 20 sessions. The latest close on file is 28.19. GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. MOO traded between 80.33 and 85.25 across 20 sessions. The latest close on file is 80.70.

A simple score for iShares S&P GSCI Commodity-Indexed Trust (GSG)

100 out of 100

“India inflation jumps to 5.54% in September, strengthening case for further rate hikes” scores 100 out of 100. The score uses 12 sources, and 23 linked companies.