Published on Thu, Sep 09, 2010 at 07:55 | Source : Moneycontrol.com
Updated at Thu, Sep 09, 2010 at 07:58
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10-year yield seen between 7.95-8%: Narayan
The bond market is expected perform well with global prospects and money supply looking comfortable post the Rs 11,000 crore auction today, says Ananth Narayan, Standard Chartered Bank.
Ananth Narayan, Standard Chartered Bank said that, "The bond market is expected perform well with global prospects and money supply looking comfortable post the Rs 11,000 crore auction today. There is no auction scheduled for next week, so the supply may ease up in the short run. The Bank Of Korea keeping rates unchanged is also a positive. The 10-year yield is seen between 7.95-8%."
