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HomeNewsBusinessMarkets10-year yield seen between 8.45-8.55% range: Ajay Manglunia

10-year yield seen between 8.45-8.55% range: Ajay Manglunia

Gilts are expected to continue with their cautious stance even as underlying sentiment remains positive with the recent rupee stability, says Ajay Manglunia, Edelweiss.

September 16, 2013 / 08:56 IST

Ajay Manglunia, Edelweiss said, "Gilts are expected to continue with their cautious stance even as underlying sentiment remains positive with the recent rupee stability. The range for the 10-year yield is seen between 8.45-8.55 percent today, unless the headline inflation release springs a surprise."

first published: Sep 16, 2013 08:56 am

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