Expect 10-year bond yield to trend towards 7.50%: Dalal

We expect yield curve to steepen further with yields of short and medium-term govt bonds likely to fall more than long-term G-Sec, says Dhawal Dalal, DSP BlackRock.

September 30, 2015 / 08:55 IST

Dhawal Dalal, DSP BlackRock said, "Bond market participants were pleasantly surprised with a 50 bps reduction in the Repo Rate yesterday. We expect yield curve to steepen further with yields of short and medium-term government bonds likely to fall more than long-term G-Sec. The benchmark 10-year bond yield is expected to trend towards 7.50% in the near term."

first published: Sep 30, 2015 08:55 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347