August 13, 2014 / 3:08 AM / 3 years ago

MARKET EYE-Indian bonds seen weaker on disappointing CPI data

* Indian bonds seen taking a beating after consumer price
inflation rose to a two-month high, more than a
Reuters poll predicted.  
* Global cues are also negative as the Ukraine crisis saps
confidence as it threatens a fragile economic recovery in
Europe. 
* Liquidity seen improving as RBI to conduct 7-day term repo
auction. 
* The new 10-year bond yield ended at 8.62
percent on Tuesday. 
* The existing 10-year benchmark bond yield 
settled at 8.85 percent on Tuesday.

 (gaurav.pai@thomsonreuters.com/;
gaurav.pai.thomsonreuters.com@reuters.net)

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