10Y benchmark yield opens flat at around 7.48% - ICICI Bank : Treasury Research

The 10Y benchmark yield has opened almost flat at around 7.48% levels and trading is expected to remain range bound ahead of the release of two key domestic data points viz. IIP and CPI. However, both of these will be released post market hours. Meanwhile, bond markets will watch for the cut offs for the INR 150 bn worth of dated securities auction later today.

The 10-year benchmark, currently at 7.48% is expected to trade in the range of 7.45% and 7.51%.

Source : Equity Bulls

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