Macro and Government Bond Commentary: Yields closed flattish today • The 10Y benchmark (6.79 GS 2034) opened better today at 6.35. Moreover, it traded range bound through the day. The 10Y point closed trade at 6.35%. • As on 18th Jul, liquidity surplus was at INR 3.09trillion, though conditions should start moderating from here on GST outflows.
