Expect govt bond prices to stabilise at current levels: Dalal

We expect the 10-year benchmark yield to trend towards 7.50% in the near term, says Dhawal Dalal, DSP BlackRock.

March 16, 2016 / 08:57 IST

Dhawal Dalal, DSP BlackRock said, "Government bond prices have gained smartly since the Budget. We expect govt bond prices to stabilise at current levels and await the next trigger from the monetary policy. The RBI is expected to be supportive through OMO bond purchases and through liquidity injection. We expect the 10-year benchmark yield to trend towards 7.50% in the near term."

first published: Mar 16, 2016 08:57 am

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