India 10Y Bond Yield was 7.36 percent on Monday May 23 2022

 

India 10Y Bond Yield was 7.36 percent on Monday May 23, according to over-the-counter interbank yield quotes for this government bond maturity.

“While the gradient remains upward and we can see (10-year yield) 7.25 per cent or thereabouts in Q1, the range will be 6.90-7.20 per cent for a larger part of the quarter,” he said.

RBI revised its FY23 inflation projection to 5.7 per cent from 4.5 per cent earlier. The FY23 real GDP growth projection has been revised downwards to 7.2 per cent from 7.8 per cent earlier.