10-year yield seen between 8.10- 8.20%: Ramanathan K

After the sharp correction, bond markets are expected to be rangebound today supported by buyback and comments that the monetary policy shouldn't be the only aggressive tool to control inflation. I expect a moderation in IIP numbers. The 10-year yield is seen between 8.10- 8.20%, says Ramanathan K, ING Investment Mgmt.

January 12, 2011 / 08:07 IST

Ramanathan K, ING Investment Mgmt said that, "After the sharp correction, bond markets are expected to be rangebound today supported by buyback and comments that the monetary policy shouldn't be the only aggressive tool to control inflation. I expect a moderation in IIP numbers. The 10-year yield is seen between 8.10- 8.20%."

first published: Jan 12, 2011 08:00 am

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