HomeNewsBusinessMarkets10-year yield seen between 8.28-8.35%: Sandeep Bagla

10-year yield seen between 8.28-8.35%: Sandeep Bagla

Bonds turned weak after the Jan IIP data despite Friday's CRR cut. All eyes are on inflation due tomorrow, which is likely to be around 7%, says Sandeep Bagla, ICICI Securities Primary Dealership.

March 13, 2012 / 08:30 IST
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Sandeep Bagla, ICICI Securities Primary Dealership said, "Bonds turned weak after the Jan IIP data despite Friday's CRR cut. All eyes are on inflation due tomorrow, which is likely to be around 7%. Expectations of a rate cut in the mid-quarter Policy are now receding. The 10-year yield is seen between 8.28-8.35%."

first published: Mar 13, 2012 08:24 am

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