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Bond buys a good bet as yields won't rise much
Coming week could be critical for rate markets with US, EU and Japan central banks meeting to decide on rates. Escalating tensions between North Korea and the rest of the world kept traders and investors in a safe-haven hunting mode. In India, equities performed steadily, bond yields remained elevated after the double-whammy of higher-than-expected Retail and Wholesale Inflation. Bond yields continue to stabilise at the upper end of the 6.30-6.60% range and traders look askance for fresh factors.
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