10-year yield seen between 7.80-7.90%: Dhawal Dalal

Bonds are likely to consolidate at current levels in the near-term till the next trigger, which is the Union Budget, says Dhawal Dalal, DSP BlackRock Invst Managers.

February 15, 2013 / 08:45 IST

Dhawal Dalal, DSP BlackRock Invst Managers said, "Bonds reacted positively to January WPI inflation. Bonds are likely to consolidate at current levels in the near-term till the next trigger, which is the Union Budget. The near-term range for the 10-year yield is seen between 7.80-7.90 percent."

first published: Feb 15, 2013 08:45 am

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