10-year yield seen between 8- 8.08%: Ananth Narayan

Bonds may be under pressure today. The RBI's anti-inflationary stance expects bond yields to move up in the medium-term. We may see strong demand for today's 12000 cr auction. The 10-year yield is seen between 8- 8.08%, says Ananth Narayan, StanChart Bank.

April 21, 2011 / 08:00 IST

Ananth Narayan, StanChart Bank said that, "Bonds may be under pressure today. The RBI's anti-inflationary stance expects bond yields to move up in the medium-term. We may see strong demand for today's 12000 cr auction. The 10-year yield is seen between 8- 8.08%."

first published: Apr 21, 2011 07:58 am

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