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Hopeful of a 25bps rate cut by RBI in July: JP Morgan

In an interview with CNBC-TV18, Vikas Gupta of JP Morgan said that the bond yields have found somewhat of a comfort zone due to the open market operations from RBI. Therefore, he is hopeful of 10 year yields consolidating at around 8% levels. He believes, the new benchmark is not reflecting 10 year yields accurately.

first published: Jun 22, 2012 12:29 pm

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