Bond yields to stay around 7.8-7.9 per cent: UBS
The government's gross borrowing is in line with expectations if you strip out the Rs 50,000 crore earmarked for bond buybacks, says Ashish Vaidya of UBS. He says the fiscal numbers are also along expected lines, and while yields jumped post Budget, the range for the 10-year bond yield should remain at 7.80-7.90%.
