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10-year yield to touch 8% by April 2015: Dhawal Dalal

We expect the RBI to maintain a status quo on rates but sound a bit dovish, says Dhawal Dalal, DSP BlackRock.

November 21, 2014 / 08:52 AM IST

Dhawal Dalal, DSP BlackRock said, "Government bond prices are likely to remain rangebound ahead of Dec 2 Credit Policy. We expect the RBI to maintain a status quo on rates but sound a bit dovish. We expect the RBI to announce its first rate cut in March-April 2015. We expect 10-year benchmark yield to touch 8% by April 2015."

first published: Nov 21, 2014 08:52 am

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