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Bond traders struggle to read RBI’s signals; is 6.50% the comfort zone for 10-yr yield?

HomeTrade IdeaBond traders struggle to read RBI’s signals; is 6.50% the comfort zone for 10-yr yield?

Bond traders struggle to read RBI’s signals; is 6.50% the comfort zone for 10-yr yield?

31 Dec 2021

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What came as a bolt from the blue for bond traders was the central bank’s decision to devolve a significant portion of last week’s gilt auction on the books of primary dealers.