G-Sec Yields Up
The 10-year benchmark G-Sec yield has increased by nine basis points (bps) in the last fortnight to end at 7.64% on 30th October. Even after the 50bps cut in repo rate by RBI in September, the 10-year G-Sec yield have remained steady at 7.64%, primarily on sustained selling pressure from banks and corporates. Net supply is a reason for G-Sec yields are not coming down. In October 2015, there...
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