Nuvama Fixed Income Advisory Report : Bond Vector June-26-2025

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Macro and Government Bond Commentary: Yields closed flattish today • The 10Y benchmark (6.79 GS 2034) opened better today at 6.36. It traded range bound through the day and closed trade flattish at 6.36%. • As on 24th Jun, liquidity surplus was at INR 2.47trillion, though conditions should start moderating from here on GST outflows.

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