10-year yield may head towards 8.40%: Dhawal Dalal

The 10-year yield may head towards 8.40% in the medium-term, says Dhawal Dalal, DSP BlackRock.

May 20, 2011 / 08:00 IST

Dhawal Dalal, DSP BlackRock said that, "I expect bond prices to remain rangebound with a negative bias in the near-term as supply pressure and global events weigh high on sentiment. The 10-year yield may head towards 8.40% in the medium-term."

first published: May 20, 2011 07:58 am

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