Sunday, October 16, 2016

Gilts to trade stable within narrow range:17.10.2016

Gilts to trade stable within narrow range:17.10.2016 
The 10-year benchmark yield is likely to trade in a range of 6.73-6.78 percent today



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"Global market trajectory might be the key driver of domestic bond yields in the near term as the focus shifts from a strong onshore macro to volatility concerns on the offshore front." "However, gilts are expected to trade stable within a narrow range in the absence of significant triggers. The 10-year benchmark yield is likely to trade in a range of 6.73-6.78 percent today,"