Bond markets to trade in jittery fashion: Ajay Manglunia

The 10-year benchmark yield is likely to trade in a range of 6.47-6.53 percent today, says Ajay Manglunia, Edelweiss.

December 19, 2016 / 09:10 IST

Ajay Manglunia, Edelweiss said, "The bond markets have reacted adversely to the hawkish US Fed and are expected to continue to trade in a jittery fashion in tune with other EMs. However, domestic underlying sentiment is still robust and might help to limit the extent of further losses. The 10-year benchmark yield is likely to trade in a range of 6.47-6.53 percent today."

first published: Dec 19, 2016 09:10 am

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