Bonds await January factory data - Economic Times

Benchmark 10-year bond yield was flat at 7.84 per cent ahead of factory data around 0530 GMT. January factory output is expected to rise 1.2 per cent as per a Reuters poll. More crucial will be headline inflation on Thursday with a reading of 6.5 per cent or less, cementing rate cut hopes for March 19. Media report said that the government may further raise foreign fund limit in government debt by $10 billion each may help the currency in the long term. Download ET's mobile applications for iPad, iPhone, Android, BlackBerry, Nokia and Windows Phone to track news as it happens, live stock quotes, monitor portfolio, get market stats like gainers, losers and movers & much more. To check out free Economic Times apps , Click here via Business - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG6LxGwntOIcdx5d9MCqBkJ-Ws38w&url=http://economictimes.indiatimes.com/markets/bonds/bonds-await-january-factory-data/articleshow/18922894.cms

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