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Aug 10, 2012, 08.31 AM IST
Bonds are likely to be rangebound with a declining bias in the near-term, says Dhawal Dalal, DSP BlackRock.
Dhawal Dalal, DSP BlackRock said, "Bonds are likely to be rangebound with a declining bias in the near-term. The market is awaiting for Chidambaram's roadmap on fiscal consolidation. Supply concerns may continue to weigh on sentiment. The 10-year yield is seen between 8.15-8.25% in the near-term."
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