Bond market likely to remain biddish: Ramanathan

The market is likely to remain biddish given the OMO support as well as expectations of a CRR cut in the Dec 16 Credit Policy, says K Ramanathan, ING Invst Mgmt.

December 07, 2011 / 08:46 IST

K Ramanathan, ING Invst Mgmt said, "The market is likely to remain biddish given the OMO support as well as expectations of a CRR cut in the Dec 16 Credit Policy. Lack of auction next week could also provide some support. The range for the 10-yr yield is seen between 8.5-8.60%."

first published: Dec 7, 2011 08:31 am

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