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Apr 26, 2012, 08.38 AM IST
S&P revising India's outlook to negative has added to the bearish undertone in the bond market, says Mohan Shenoi, Kotak Mahindra Bank.
Mohan Shenoi, Kotak Mahindra Bank said, "S&P revising India's outlook to negative has added to the bearish undertone in the bond market. The auction tomorrow will exert further supply pressure. The 10-year yield is seen between 8.62-8.66%."
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