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from BUSINESS LINE, January 20, 2010 Mumbai, Jan. 19 - Bond prices fell on Tuesday on renewed fears that the Reserve Bank of India may hike key lending rates to curb inflation. Traders are adopting a wait and watch policy. They are wary of taking position ahead of the credit policy review, said a dealer with a public bank. The total traded volumes on the order matching system were lower at Rs 7,855 crore (Rs 9,485 crore). The 6.35 per cent-10 year-2020 paper opened at Rs 91.30 (7.61 per cent YTM) and ended at Rs 91.15 (7.63 per cent YTM), against the previous close Rs 91.32 (7.60 per cent YTM). The 6.90-9 year-2019 paper opened at Rs 94.70 (7.69 per cent YTM) and closed at Rs 94.54 (7.72 per cent YTM), against the previous close of Rs 94.67 (7.70 per cent YTM).
