Easing rates may pull down India 10-yr yield to 6.75%, short-term set for bigger falls: PNB Gilts



The expected easing in India's monetary policy could drag the benchmark 10-year bond yield by around 50 basis points in the coming months, while shorter-end debt could see sharper falls, resulting in a steepening of the yield curve, a treasury official from PNB Gilts said.