10-year benchmark yield to trade between 7.45-7.50%: Dalal

We expect the RBI to maintain status quo on rates on June 7, 2016 policy review, says Dhawal Dalal, DSP BlackRock.

June 03, 2016 / 08:56 IST

Dhawal Dalal, DSP BlackRock said, "Government bond yields trended higher marginally this week ahead of the RBI Monetary Policy and FOMC meeting as market participants await fresh set of data and policy outcome. We expect the RBI to maintain status quo on rates on June 7, 2016 policy review. We expect the 10-year benchmark yield to trade between 7.45-7.50 percent in the near term."

first published: Jun 3, 2016 08:56 am

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