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MARKET EYE-Indian bond yields little changed; seen range-bound until policy
November 20, 2014 / 3:47 AM / 3 years ago

MARKET EYE-Indian bond yields little changed; seen range-bound until policy

* India’s benchmark 10-year bond yield edges up 1 basis point to 8.17 percent. * Rise in U.S. yields hurting debt prices but lower oil prices to limit upside to yields. * U.S. yields rise as Fed Oct meet minutes provide no fresh insight into where interest rates are headed. * Global crude oil prices continue to fall for third day. * Investors wary of adding large positions ahead of RBI’s monetary policy review on Dec. 2. * 10-yr seen in 8.10-8.25 percent range until the policy. (swati.bhat@thomsonreuters.com/; swati.bhat.thomsonreuters.com@reuters.net)

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