10-year yield to trade in 7.50-7.60% range: Ashutosh Raina

The rally in bonds continues with the benchmark 10-year yield expected to trade in the 7.50-7.60 percent range in the near term, says Ashutosh Raina of HDFC Bank.

March 18, 2016 / 08:59 IST

Ashutosh Raina of HDFC Bank said, "The expectations of a rate cut from Reserve Bank of India have increased after the recent FOMC meeting.""The rally in bonds continues with the benchmark 10-year yield expected to trade in the 7.50-7.60 percent range in the near term," he added.

first published: Mar 18, 2016 08:59 am

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