Global risk aversion likely to support yields: Ramanathan

Bonds are likely to find support on RBI's announcement of open market operation purchases, says K Ramanathan, ING Invst Mgmt.

November 30, 2011 / 08:46 IST

K Ramanathan, ING Invst Mgmt said, "Bonds are likely to find support on RBI's announcement of open market operation purchases. Continued global risk aversion is also to likely to support yields. The range for the 10-yr yield is seen between 8.75-8.85%. I expect Q2 GDP to come in at 6.8%."

first published: Nov 30, 2011 08:38 am

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