10-year bond yield may trade in 6.60-6.90% range over the next month: PGIM India MF's Puneet Pal
PGIM India's Puneet Pal expects the 10-year bond yield to trade between 6.60-6.90% over the next month, citing global rate hikes and a deficient monsoon, even as he favours the short end of the curve due to improving banking liquidity and possible FCNR-led inflows.
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