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India's key-tenor bonds may see relief after October-March supply cut
MUMBAI: Indian government bond yields are set to open higher on Monday, tracking a rise in US Treasury yields, although a reduction in October-March supply of liquid five-year and 10-year bonds may offer some relief after a steep selloff in recent weeks. The benchmark 6.94% 2036 bond yield is expected to trade between 7.06% and 7.11% on Monday, according to a trader with a primary dealership, after ending at 7.1194% on Friday. “Traders may take some solace in the mild reduction in five-year and 10-year bond supply, as these two segments were heavily battered in the last few sessions,” the trad...
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