10-year bond seen at 8.20-8.25% range: Bagla

Sandeep Bagla, ICICI Securities Primary Dealership said that, "Systemic liquidity is improving as government spending comes into the system. Primary inflation is expected to come down this week as prices of vegetables, esp onions, which have come down, have not yet reflected in the inflation numbers. The cool-off in commodities could also lend some support to bond markets. Range for the 10-year bond is seen at 8.20%- 8.25%."