July 16, 2012 / 4:03 AM / 5 years ago

MARKET EYE-Indian bonds steady ahead of India inflation data

* India's benchmark 10-year bond yield steady at
8.10 percent ahead of the June headline inflation data.
* A Reuters poll forecasts wholesale price inflation likely rose
by 7.62 percent in June from a year ago, the highest rate so far
this year. 
* An inflation print of 7.25 percent or below, and core
inflation of 4.5 percent or below, could firm views for a 25
basis points rate cut at the RBI's policy review on July 31,
traders said 

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

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below