In the enchanted realm of finance, the 10-year bond yields soared 14 bps after the RBI's latest spell of a 25 bps repo cut, casting a shadow of uncertainty. As foreign wizards unwound their positions, the yield breached the 6.60% barrier, stirring whispers of the last incantation in this cycle. With liquidity charms like OMO and USD/INR swaps announced, the magical market is buzzing with excitement and trepidation.

Finance

