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Last Updated : Apr 08, 2013 08:47 AM IST | Source: CNBC-TV18

10-year yield may range between 7.90-7.95%: Ajay Manglunia

With caution surrounding the first G-sec auction for FY14 out of the way, the bond market is likely to be better prepared for the upcoming stream of paper supply, says Ajay Manglunia, Edelweiss.

Ajay Manglunia, Edelweiss said, "With caution surrounding the first G-sec auction for FY14 out of the way, the bond market is likely to be better prepared for the upcoming stream of paper supply. I expect a round of value buying and the 10-year yield may range between 7.90-7.95% today."

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First Published on Apr 8, 2013 08:47 am
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