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%."
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