Nuvama Fixed Income Advisory Report : Bond Vector April-16-2025

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Macro and Government Bond Commentary: Yields continue lower with global benchmarks • The 10Y benchmark (6.79 GS 2034) opened little changed in absence of fresh triggers. Yields were ranged through the morning, though some demand was seen early in the afternoon. This was in sync with global benchmarks, with moves lower in yields continuing through the day. The 10Y point closed trade at 6.39% vs 6.41% prev

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