10-year yield seen between 7.85-7.95%: Ajay Manglunia

Yields have been correcting 2-3 bps everyday after the Credit Policy. They are likely to trade in a tight range on non clarity on further OMOs after the RBI Governor's statements, says Ajay Manglunia, Edelweiss.

February 01, 2013 / 08:45 IST

Ajay Manglunia, Edelweiss said, "Yields have been correcting 2-3 bps everyday after the Credit Policy. They are likely to trade in a tight range on non clarity on further OMOs (open market operations) after the RBI Governor's statements. The range for the 10-year yield is seen between 7.85-7.95%."

first published: Feb 1, 2013 08:45 am

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