10-yr yield seen between 7.90-8.05%: Ramanathan K

The market is expected to be range bound as it awaits the H1FY12 calendar next week. For this week the market will be supported by buying at lower levels by banks for year-end purpose. The weekly range for the 10-yr yield is seen between 7.90-8.05%, says Ramanathan K, ING Invst Mgmt.

March 23, 2011 / 08:01 IST

Ramanathan K, ING Invst Mgmt said that, "The market is expected to be range bound as it awaits the H1FY12 calendar next week. For this week the market will be supported by buying at lower levels by banks for year-end purpose. The weekly range for the 10-yr yield is seen between 7.90-8.05%."

first published: Mar 23, 2011 07:59 am

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