India Government Bonds 10 YR Yield

TVC

IN10Y (Derived Data)

Now Interest rate on 10 Year Bond is about to a shoot up , one can look to Go long if they trade and stay with it till it makes to 8.25 +

Weekly chart 10 year yield broken 2 year resistance. It is currently in the middle of the upward channel. 2 year resistance line could possibly act as a support which is at 7.50%-7.52%. Yields could possibly retest support and then spike towards 8%. Bond traders should ideally look to go short in price (long in yields at 7.50%) with stop at yield equivalent of...