Sep 21, 2012, 08.41 AM IST

Bonds likely to remain range-bound with upward bias: Dalal

Bonds are likely to remain range-bound with an upward bias in the near-term. The auction of the 13-year bond is likely to create healthy demand, says Dhawal Dalal, DSP BlackRock Invst Managers.

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Dhawal Dalal, DSP BlackRock Invst Managers said, "Bonds are likely to remain range-bound with an upward bias in the near-term. The auction of the 13-year bond is likely to create healthy demand. The range for the 10-year yield is seen between 8.10-8.20%."
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