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Oct 11, 2017 08:10 AM IST | Source: CNBC-TV18

10-year bond yield to trade in 6.70-6.80% range: Dhawal Dalal

Bond market participants will focus on the series of economic data due this week, says Dhawal Dalal of Edelweiss AMC.

Dhawal Dalal of Edelweiss AMC said, "Government bond prices stabilised after days of sliding as value buying emerged after clearing of SDL auction yesterday. Bond market participants will focus on the series of economic data due this week."

"We expect the 10-year benchmark bond yield to trade in a 6.70-6.80 percent range in the near term," he added.

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