10-year yield seen between 7.90-8.05%: Ramanathan K

Yields are likely to remain well supported on the announcement of postponement of auction and continuation of OMOs, says Ramanathan K, ING Invst Mgmt.

January 02, 2013 / 08:42 IST

Ramanathan K, ING Invst Mgmt said, "Yields are likely to remain well supported on the announcement of postponement of auction and continuation of OMOs (open market operations). Though profit booking may emerge, given the 20 bps fall in yields over the past few sessions. The range for the 10-year yield is seen between 7.90-8.05%."

first published: Jan 2, 2013 08:39 am

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