Moneycontrol
Oct 06, 2017 08:34 AM IST | Source: CNBC-TV18

Expect 10-year bond yield to trend towards 6.79%: Dhawal Dalal

We expect the 10-year benchmark bond yield to trend towards 6.79 percent from a technical perspective in absence of any positive development, says Dhawal Dalal of Edelweiss AMC.

Expect 10-year bond yield to trend towards 6.79%: Dhawal Dalal

Dhawal Dalal of Edelweiss AMC said, "Governemnt bond prices reacted negatively after the MPC held rates and increased inflation projections marginally."

"We expect the 10-year benchmark bond yield to trend towards 6.79 percent from a technical perspective in absence of any positive development," he added.
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