10-year yield seen between 7.85-7.95%: Dhawal Dalal

Bonds are likely to trend higher in the near-term due to improving sentiment after the advance estimate of GDP and prospects of fiscal deficit achievement through expenditure control, says Dhawal Dalal, DSP Blackrock Invst Managers.

February 08, 2013 / 08:43 IST

Dhawal Dalal, DSP Blackrock Invst Managers said, "Bonds are likely to trend higher in the near-term due to improving sentiment after the advance estimate of GDP and prospects of fiscal deficit achievement through expenditure control. The range for the 10-year yield is seen between 7.85-7.95%."

first published: Feb 8, 2013 08:43 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347