Inter-bank call money rate traded in range of 7.15% to 7.35% on Tuesday - GEPL Capital

The Inter-bank call money rate traded in the range of 7.15% to 7.35% on Tuesday, ended at 7.25%.

Total Borrowings From RBI's Repo with banks Taking Rs. mn 664100 on Tuesday Vs Rs. mn on 725250 Monday.

The benchmark 8.15% GOI 2022 Closed at 7.3879% on Tuesday Vs 7.4568% on Monday.

US Treasury 10-year yields approached a 14-month high before data this week forecast to show employers stepped up hiring, adding to signs of recovery and boosting speculation the Federal Reserve will reduce stimulus.

10 year yield likely to move in the range of 7.37% - 7.42% level on Wednesday.

Source : Equity Bulls

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