Indian 10-year bond yields hit 6.686% amid the RBI's neutral stance and rate cut expectations shift.

• 10-year bond yields rise to 6.686%, the highest since May 13, after the RBI's neutral policy stance.
• RBI cuts cash reserve ratio by 100 bps, boosting liquidity but limiting rate cut optimism for 2024.
• Analysts predict a 2025 rate cut, while OIS rates are expected to remain steady with mild receiving bias.