10-year yield to trade neutral to slightly positive: 20.09.2016
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The 10-Year benchmark is likely to trade with a neutral to slightly positive bias in a narrow range of 6.86-6.90 percent today,
Bond markets have adopted a cautious outlook despite a very favourable inflation reading and this trend is expected to continue with the US Fed and BoJ meets this week. Although a Fed rate hike is unlikely, markets globally will be cued into the commentary and guidance therein."
"The 10-Year benchmark is likely to trade with a neutral to slightly positive bias in a narrow range of 6.86-6.90 percent today."
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Bond markets have adopted a cautious outlook despite a very favourable inflation reading and this trend is expected to continue with the US Fed and BoJ meets this week. Although a Fed rate hike is unlikely, markets globally will be cued into the commentary and guidance therein."
"The 10-Year benchmark is likely to trade with a neutral to slightly positive bias in a narrow range of 6.86-6.90 percent today."