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Bond prices likely to consolidate at current levels: Dalal

Market participants are expected to focus on the new auction calendar and may begin to factor in the first rate cut in April, says Dhawal Dalal, DSP BlackRock.

March 22, 2012 / 08:36 IST
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Dhawal Dalal, DSP BlackRock said, "Bond prices are likely to consolidate at current levels. Market participants are expected to focus on the new auction calendar and may begin to factor in the first rate cut in April. The 10-year yield is seen between 8.35-8.45%."

first published: Mar 22, 2012 08:29 am

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