10-year yield to trade between 8.75-8.85%: Dhawal Dalal

We expect the benchmark 10-year yield to trade between 8.75-8.85 percent in the near-term, says Dhawal Dalal of DSP Blackrock.

March 07, 2014 / 08:56 IST

Dhawal Dalal of DSP Blackrock feels the government bond prices are likely to consolidate at current levels and trend higher in the near term as selling pressure eases and sentiment improves in the global market.”

He expects the benchmark 10-year yield to trade between 8.75-8.85 percent in the near-term.

first published: Mar 7, 2014 08:55 am

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