Bond prices likely to consolidate at current levels: Dalal

The bond prices are likely to consolidate at current levels. Today's auction is likely to provide cues for future movement, says Dhawal Dalal, DSP BlackRock.

January 27, 2012 / 08:34 IST

Dhawal Dalal, DSP BlackRock said, "The bond prices are likely to consolidate at current levels. Today's auction is likely to provide cues for future movement. I expect the 10-year yield to trade between 8.30-8.40% in the near-term."

first published: Jan 27, 2012 08:27 am

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