10-year yield can range between 8.30-8.35%: Bagla

The announcement of the new 10-year bond auction could boost sentiment, says Sandeep Bagla, ICICI Securities Primary Dealership.

June 05, 2012 / 08:49 IST

Sandeep Bagla, ICICI Securities Primary Dealership said, "The announcement of the new 10-year bond auction could boost sentiment. Lower than expected GDP growth & weak commodity prices have raised hopes of further monetary easing later this month. The 10-year yield could range between 8.30-8.35%."

first published: Jun 5, 2012 08:31 am

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