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Jun 14, 2012, 08.37 AM IST
The inflation data will determine price action in the bond market. The bullish undertone may continue if inflation is below 7.50%, says Mohan Shenoi, Kotak Mahindra Bank.
Mohan Shenoi, Kotak Mahindra Bank said, "The inflation data will determine price action in the bond market. The bullish undertone may continue if inflation is below 7.50%. A 25 bps cut in policy rates and 50 bps CRR cut has been priced in. The 10-year yield is seen between 8.03-8.08%."
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