11-yr yield seen between 8.05-8.15%: Narayan

Lack of fresh bond supply, improvement in liquidity, soft Asian rates and likely demand from FIIs are the key positives for the bond market, says Ananth Narayan, Standard Chartered Bank.

March 10, 2011 / 08:03 IST
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Ananth Narayan, Standard Chartered Bank said that, "Lack of fresh bond supply, improvement in liquidity, soft Asian rates and likely demand from FIIs are the key positives for the bond market. Key negatives include reduction in liquidity due to advance tax next week, oil prices, high inflation and a likely rate hike in next week's monetary policy. The range for the 11-yr yield is seen between 8.05-8.15%."

first published: Mar 10, 2011 08:02 am

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