The 10-year benchmark yield is likely to trade in a range of 7.14-7.19 percent today,
Bond markets are expected to trade stable with a positive bias ahead of the Reserve Bank of India (RBI) policy review tomorrow.
While a status quo on rates is the consensus view, the nature of commentary will be key at this review and markets would be looking forward to some dovishness as a result of the monsoon progress."
"The 10-year benchmark yield is likely to trade in a range of 7.14-7.19 percent today," he added.
Bond markets are expected to trade stable with a positive bias ahead of the Reserve Bank of India (RBI) policy review tomorrow.
While a status quo on rates is the consensus view, the nature of commentary will be key at this review and markets would be looking forward to some dovishness as a result of the monsoon progress."
"The 10-year benchmark yield is likely to trade in a range of 7.14-7.19 percent today," he added.