RBI meets dealers as bond yields soften
pre-market1 source ↓written by the desknot a recommendation
- 10-year bond yield softened
- on Friday
- 6.53%
- on Tuesday
- 5.52%
The Reserve Bank of India met with standalone primary dealers amid tight liquidity and elevated bond yields. Following a cancelled ₹11,000 crore bond auction, the 10-year bond yield softened to 6.53% on Friday and closed at 5.52% on Tuesday. This may improve market sentiment for bond traders.
• CRR eased by 25 basis points on 1 Nov
• RBI to meet bank-associated dealers on Thursday
• Elevated yields remain a concern for liquidity management.
Not investment advice. For informational purposes only.