Indian bond yields seen ranged; U.S. yields could hurt - Reuters India

MUMBAI, Oct 26 (Reuters) - Indian federal bond yields areexpected to be rangebound on Monday, a day before amuch-awaited policy review, but higher U.S. yields and lack ofclarity on the hold-to-maturity (HTM) limit hike front forbanks could weigh.

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* The 10-year benchmark bond closed at 7.45 percent onFriday, after rising to 7.47 percent, which was its highestsince Sept. 11. It had ended at 7.38 percent on Thursday. * Traders are mixed about whether the central bank wouldannounce the much-anticipated hike in the HTM limit for banks'debt holdings, which would allow them to keep more bonds in aseparate account, free from mark-to-market risks.

Full Story: Indian bond yields seen ranged; U.S. yields could hurt - Reuters India