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Last Updated : Apr 09, 2013 08:48 AM IST | Source: CNBC-TV18

10-year yield may range between 7.85-7.95%: Vivek Rajpal

As various economic data points are expected over next 2 weeks, the bond market may see an increased chance of rate cut heading into the RBI's Policy on May 3, says Vivek Rajpal, Nomura.

Vivek Rajpal, Nomura said, "As various economic data points are expected over next 2 weeks, the bond market may see an increased chance of rate cut heading into the RBI's Policy on May 3. The 10-year yield may range between 7.85-7.95% with the bias more towards the lower end of the range."

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First Published on Apr 9, 2013 08:48 am
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