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10-year yield seen between 8.15-8.20%: Bagla

Bonds are currently under-owned due to high inflation and imminent rate hike fears. All eyes would be on the buyback announced by the RBI. Liquidity too has been improving over the last few days. The 10-year yield is seen between 8.15-8.20%, says Sandeep Bagla, ICICI Securities Primary Dealership.

January 11, 2011 / 08:12 IST
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Sandeep Bagla, ICICI Securities Primary Dealership said that, "Bonds are currently under-owned due to high inflation and imminent rate hike fears. All eyes would be on the buyback announced by the RBI. Liquidity too has been improving over the last few days. The 10-year yield is seen between 8.15-8.20%."

first published: Jan 11, 2011 08:08 am

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