Bond prices likely to drift lower: Dhawal Dalal

Bond prices are likely to drift lower on lack of bidding interest among market participants ahead of the new supply, says Dhawal Dalal, DSP BlackRock.

March 29, 2012 / 08:47 IST

Dhawal Dalal, DSP BlackRock said, "Bond prices are likely to drift lower on lack of bidding interest among market participants ahead of the new supply. The 10-year yield could range between 8.65-8.75% in the near-term."

first published: Mar 29, 2012 08:39 am

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