Bond yields may inch up tracking US yields despite big Fed rate cut

Published 08:27 IST, September 19th 2024

The benchmark 10-year yield is likely to move between 6.75% and 6.81%, compared with its previous close of 6.7808%, a trader with a primary dealership said.

Markets
2 min read

Follow:

The US central bank on Wednesday kicked off its interest rate cut cycle with a larger-than-usual half-percentage-point reduction to 4.75 per cent-5.00 per cent. | Image: Republic

Listen to this article
2 min read

08:27 IST, September 19th 2024

Advertisement

The benchmark 10-year yield is likely to move between 6.75% and 6.81%, compared with its previous close of 6.7808%, a trader with a primary dealership said.

Advertisement