Bonds are likely to be rangebound: Sandeep Bagla

The range for the 10-year yield is seen between 8.10-8.20 percent, says Sandeep Bagla, ICICI Securities Primary Dealership.

August 08, 2013 / 08:36 IST

Sandeep Bagla, ICICI Securities Primary Dealership said, "Bonds are likely to be rangebound. The market will focus on the auctions today, which could take yields higher. The street is expecting some announcements on ECB relaxation, quasi sovereign bonds over the weekend. The range for the 10-year yield is seen between 8.10-8.20 percent."

first published: Aug 8, 2013 08:36 am

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