Nov 23, 2012 08:08 AM IST | Source: Moneycontrol.com

Bond prices likely to remain rangebound: Dalal

Bond prices are likely to remain rangebound with a downward bias, says Dhawal Dalal, BlackRock Investment Managers.

Bond prices likely to remain rangebound: Dalal
Dhawal Dalal, BlackRock Investment Managers said that, "Bond prices are likely to remain rangebound with a downward bias. The market is pinning its hopes on RBI's OMO announcement amid tight liquidity conditions. The near-term range for the 10-yr yield is seen between 8.20-8.30%."
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