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RBI ka 25 bps cut, 10-year yield 14 bps upar Naruto style!

RBI ka 25 bps cut, 10-year yield 14 bps upar Naruto style!

RBI ne Friday ko 25 bps ka repo cut kiya, aur ab 10-year government yield 6.63 percent par hai! Ye last cut hai, samjhe? Foreign investors ne positions unwind ki, jaise Naruto apne ramen ki taraf daudta hai! RBI ne Rs 1 lakh crore ke OMOs aur $5 billion ka dollar-rupee swap announce kiya, toh chalo, chalo, chalo! Believe it!

Quick rundown

  1. RBI's rate cut seen as the last in the cycle.
  2. 10-year bond yield breaches 6.60% mark.
  3. Foreign investors unwind positions, impacting yields.
  4. Upcoming OMO purchase auction raises trader concerns.
  5. RBI announces liquidity measures to stabilize the market.

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