March 7, 2014 / 8:03 AM / 3 years ago

MARKET EYE-Indian bond yields rise further on profit-taking

* India's benchmark 10-year bond yield up 3 basis
points at 8.82 percent on profit-taking after bond prices
rallied in the previous session.
* Yields dropped 5 basis points on Thursday, tracking gains in
the rupee.
* Traders are now awaiting the retail and wholesale price
inflation data due next week for direction.
* The 10-year paper is seen in a range of 8.75 percent to 8.85
percent in the near term.

 (swati.bhat@thomsonreuters.com/;
swati.bhat.thomsonreuters.com@reuters.net)

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