HomeNewsBusinessMarkets10-year yield may head towards 8.40%: Dhawal Dalal

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
Story continues below Advertisement

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

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!