Moneycontrol
Last Updated : Mar 12, 2018 08:26 AM IST | Source: CNBC-TV18

Expect bond markets in cautious mode ahead of CPI data: Ajay Manglunia

The 10-year benchmark bond yield is expected to trade in a range of 7.64-7.70 percent today, says Ajay Manglunia of Edelweiss.

Ajay Manglunia of Edelweiss said, "The bond markets are expected to be in cautious mode ahead of the CPI inflation data later today. The expectations of a softer reading can lend a positive bias but the uptick in US treasury yields following strong payroll data might prove to be a dampener."

"The 10-year benchmark bond yield is expected to trade in a range of 7.64-7.70 percent today," he said.
First Published on Mar 12, 2018 08:26 am

tags #Rupee

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