10-year yield to trade between 7.35-7.40%: Edelweiss

Ajay Manglunia of Edelweiss said, "The low global yield situation is expected to lend continued support to domestic bonds as even a strong US jobs data release could not prevent a further drop in US treasury yields on Friday.""Gains in gilts might be limited at the start of this week as the markets will adopt a cautious stance ahead of the CPI inflation data release on Tuesday.""The 10-year benchmark yield is likely to trade in a range of 7.35-7.40 percent today," he added.