10-year yield seen between 8.15- 8.30%: Narayan
The bond market will be watching out for the Credit Policy today. We believe that given the real rates are already very high, a 25 bps increase in repo and reverse repo should suffice, says Ananth Narayan, StanChart Bank.
January 25, 2011 / 08:09 IST
Ananth Narayan, StanChart Bank said that, "The bond market will be watching out for the Credit Policy today. We believe that given the real rates are already very high, a 25 bps increase in repo and reverse repo should suffice. But the possibility of 50 bps hike cannot be ruled out. The 10-year yield is seen between 8.15- 8.30% for next few days."
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