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    HomeNewsBusinessMarkets10-year yield seen between 7.25-7.35%: Ramanathan K

    10-year yield seen between 7.25-7.35%: Ramanathan K

    Ramanathan K of ING Investment Management sees 10-year yield moving between 7.25-7.35 percent on Wednesday.

    June 12, 2013 / 09:07 IST

    Ramanathan K of ING Investment Management feels yields are likely to follow the direction of the rupee versus the dollar. "Lack of OMO (open market operations) announcement is a disappointment. However, sharp fall in yields will be prevented by value buying, lack of auction this week and likely lower inflation."


    In data today, IIP could come in at 2.5 percent, Ramanathan adds.

    "The range for the 10-year yield is seen between 7.25-7.35 percent."

    first published: Jun 12, 2013 09:07 am

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