10-year yield to trade between 6.71-6.76%: Mohan Shenoi

The 10-year benchmark yield is expected to trade in a range of 6.71-6.76 percent for the day, says Mohan Shenoi of Kotak Mahindra Bank.

February 09, 2017 / 09:14 IST

Mohan Shenoi of Kotak Mahindra Bank said, "The bond market was surprised with change in monetary policy stance of the RBI from accommodative to neutral. After a 30 bps rise post policy, the 10-year benchmark yield could witness a mild technical pullback today.""The 10-year benchmark yield is expected to trade in a range of 6.71-6.76 percent for the day," he added.

first published: Feb 9, 2017 09:11 am

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