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Sep 20, 2012, 08.32 AM IST
Declining crude prices are positive for bonds. However, political uncertainty and the likelihood of partial rollback of diesel price hike could hurt sentiment, says Mohan Shenoi, Kotak Mahindra Bank.
Mohan Shenoi, Kotak Mahindra Bank said, "Declining crude prices are positive for bonds. However, political uncertainty and the likelihood of partial rollback of diesel price hike could hurt sentiment. The range for the 10-year yield is seen between 8.13-8.18%."
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