Nuvama Fixed Income Advisory Report : Bond Vector April-28-2025

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Macro and Government Bond Commentary: Yields rise amid Geopolitical uncertainty • The 10Y benchmark (6.79 GS 2034) opened little changed at 6.35% despite moves lower in treasury yields overnight. Mid-morning trade saw yields rise given ongoing geo-political tensions. Yields closed the day higher at 6.40% vs 6.36% prev.

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