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Secondary Bond market yields continue to decline; activity robust
Daily FT
|February 06, 2026
Rupee stable
THE secondary Bond market yesterday extended its bullish momentum and saw rates continue to drop on the back of strong demand.
Majority of the action was along the belly-to-long end of the curve.
Aggressive buying interest was observed centred around 2029-2035 tenors as traders looked to capitalize on the curve’s steepness, shifting attention into higher relative value opportunities further along the curve, to lock in attractive carry and roll-down potential.
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