10-year yield seen between 7.98- 8.05%: Bagla

Tight liquidity and high inflation do not augur well for bonds. RBI's buyback may end next week and fresh auction supply has started in primary markets. The 10-year yield is seen between 7.98- 8.05%, says Sandeep Bagla, ICICI Securities Primary Dealership.

January 04, 2011 / 08:28 IST

Sandeep Bagla, ICICI Securities Primary Dealership said that, "Tight liquidity and high inflation do not augur well for bonds. RBI's buyback may end next week and fresh auction supply has started in primary markets. The 10-year yield is seen between 7.98- 8.05%."

first published: Jan 4, 2011 08:00 am

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