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10-year yield seen between 7.97-8.01%: Mohan Shenoi

Published on Thu, Mar 11, 2010 at 08:07 |  Source : Moneycontrol.com

Updated at Thu, Mar 11, 2010 at 08:08  

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Mohan Shenoi, Kotak Mahindra Bank said that, "The headline WPI on March 15 is expected to be in double digit and IIP tomorrow is expected to be around 16.5%. The bond market has factored in both these data. Investors are keenly waiting for the Govt's borrowing calendar of March 25. The bonds are likely to be rangebound with a bearish undertone. The 10-year yield is seen between 7.97-8.01%."

  

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