Bond yields range-bound, rupee under pressure: HDFC Bank
By Ira Dugal | Published On: February 13, 2013 10:40 (IST) | Duration: 5 min, 47 sec
Bond yields have eased marginally after the RBI announced open market operations for Rs 10,000 crore this week. However, Ajay Marwaha of HDFC Bank says that bond yields may remain range-bound till the Budget. He also expects the rupee to remain under pressure due to the wide trade deficit.