Inflation to determine price action in bond mkt: Shenoi

The inflation data will determine price action in the bond market. The bullish undertone may continue if inflation is below 7.50%, says Mohan Shenoi, Kotak Mahindra Bank.

June 14, 2012 / 08:37 IST

Mohan Shenoi, Kotak Mahindra Bank said, "The inflation data will determine price action in the bond market. The bullish undertone may continue if inflation is below 7.50%. A 25 bps cut in policy rates and 50 bps CRR cut has been priced in. The 10-year yield is seen between 8.03-8.08%."

first published: Jun 14, 2012 08:32 am

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