10-year yield seen between 8.15- 8.20%: RVS Sridhar

The bond market may remain steady today with investors drawing comfort from the improvement in the liquidity situation, says RVS Sridhar, Axis Bank.

January 13, 2011 / 08:05 IST

RVS Sridhar, Axis Bank said that, "The bond market may remain steady today with investors drawing comfort from the improvement in the liquidity situation. Weak IIP numbers also kindled hopes that the RBI may restrict its rate hike to only 25 bps. The market has already discounted the prospect of inflation around 8.45%. The 10-year yield is seen between 8.15- 8.20%."

first published: Jan 13, 2011 08:00 am

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