Yield on the benchmark 10-year bond eased further on Wednesday to 6.39 per cent, its lowest level since May 2009, as softening food prices helped ease retail as well as wholesale inflation in October, raising hopes that the Reserve Bank of India (RBI) may go in for another rate cut in the forthcoming money policy review next month.
Retail or CPI inflation dipped to a 14-month low of 4.20 per cent in October, while the one based on wholesale prices or WPI fell for the second conse ..
