Moneycontrol
Last Updated : Jun 15, 2016 08:54 AM IST | Source: CNBC-TV18

10-year yield to trade in 7.46-7.56% range: Bansi Madhvani

With low visibility of RBI rate action in near term, the possibility of bond yields trading higher remains with the 10-year benchmark yield likely to trade in 7.46-7.56 percent range this week, says Bansi Madhvani, India Ratings.

Bansi Madhvani, India Ratings said, "In the near-term, bond yield curve is likely to remain elevated, reflecting domestic inflation pressures as also global vulnerabilities. With low visibility of RBI rate action in near term, the possibility of bond yields trading higher remains with the 10-year benchmark yield likely to trade in 7.46-7.56 percent range this week."
First Published on Jun 15, 2016 08:54 am
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