Tuesday, September 20, 2016

10-year yield to trade between 7-7.12%: 21.09.2016

10-year yield to trade between 7-7.12%: 21.09.2016

NIFTY Fut               : BUY ZONE
BANKNIFTY FUT : BUY ZONE

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The RBI is unlikely to rush with any rate action despite the risks to inflation emerging on the downside,

The bond market movement in the near term will be a function of outcomes of the Fed and BoJ policies. We believe, the RBI is unlikely to rush with any rate action despite the risks to inflation emerging on the downside. The old 10-year benchmark yield is likely to trade between 7-7.12 percent."