10-year yield seen between 7.15-7.24%: Ashok Gautam

GDP numbers later this month will be the key factor for the bond market, says Ashok Gautam, Axis Bank.

May 23, 2013 / 08:44 IST

Ashok Gautam, Axis Bank said, "The rupee may move up to 56/USD as the dollar continues to strengthen and this could result in some FIIs getting out of bonds. However, GDP numbers later this month will be the key factor for the bond market. The range for the new 10-year yield is seen between 7.15-7.24 percent."

first published: May 23, 2013 08:44 am

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