10-year yield seen between 7.50-7.60%: Ajay Manglunia

The range for the 10-year yield is seen between 7.50-7.60 percent. The uptick in CPI inflation combined with the concern of a similar trend in WPI inflation to be released later today is expected to result in a weak session for gilts, says Ajay Manglunia, Edelweiss.

July 15, 2013 / 08:58 IST

Ajay Manglunia, Edelweiss said, "The uptick in CPI inflation combined with the concern of a similar trend in WPI inflation to be released later today is expected to result in a weak session for gilts."

"The weakness can be limited by some value buying. The range for the 10-year yield is seen between 7.50-7.60 percent," he added.

first published: Jul 15, 2013 08:58 am

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