10-year yield seen between 8.4-8.5%: Ramanathan

Lack of OMO announcement could result in profit-booking in bonds, says Ramanathan K, ING Invst Management.

December 14, 2011 / 08:35 IST

Ramanathan K, ING Invst Management said, "Lack of OMO announcement could result in profit-booking in bonds. However, some buying is expected at lower levels on growth concerns & possible fall in inflation. Nov Inflation is seen between 9.1-9.2%. The 10-year yield may range between 8.4-8.5%."

first published: Dec 14, 2011 08:26 am

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