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    HomeNewsOpinionTen-year sovereign bond to trade below 7 percent in near term

    Ten-year sovereign bond to trade below 7 percent in near term

    Policy rate cuts by global central banks seem visible over the medium term and well-managed duration funds like Dynamic bond funds, Banking & PSU debt funds can benefit

    Vikrant Mehta
    February 02, 2024 / 09:32 IST
    Ten-year sovereign bond to trade below 7 percent in near term

    Bond markets cheered the macro data indicated by the budget for FY25 – largely led by a lower than expected fiscal deficit of 5.1% of GDP and lesser than anticipated gross market borrowings

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