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Last Updated : May 07, 2013 08:49 AM IST | Source: CNBC-TV18

Bonds unlikely to rally in hurry: Vivek Rajpal

Amid supply pressures and after RBI's cautious guidance, bonds are unlikely to rally in a hurry, says Vivek Rajpal, Nomura.

Vivek Rajpal, Nomura said, "Amid supply pressures and after RBI's cautious guidance, bonds are unlikely to rally in a hurry. However, value buying will cap any rise in yields. Bond markets are expected to stay rangebound with the 10-year yield trading between 7.70-7.78 percent."

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First Published on May 7, 2013 08:49 am
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