10-year yield seen between 7.15-7.25%: K Ramanathan

Bond prices will be well supported by the announcement of OMO as well as an expectation of a rate cut in the upcoming monetary policy, says K Ramanathan, ING Invst Mgmt.

June 05, 2013 / 09:03 IST

K Ramanathan, ING Invst Mgmt said, "Bond prices will be well supported by the announcement of OMO (open market operations) as well as an expectation of a rate cut in the upcoming monetary policy. The range for the new 10-year yield is seen between 7.15-7.25 percent."

first published: Jun 5, 2013 09:03 am

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