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We continue to prefer medium-to-long end bonds: Saurabh Bhatia, DSP Inv Mgr

High fiscal numbers are already reflecting in the extent of steepness in the yield curve and the resultant support by central bank to curtail the same, says SAURABH BHATIA, head of fixed income at DSP Investment Managers in an interview with Puneet Wadhwa. Edited excerpts: Given the recent developments, how are the bond markets likely to play out over the next couple of quarters? Over the past few months bond markets have been trading in a relatively narrow range. Shorter end of the yield curve has immensely benefited courtesy sustenance of the liquidity surplus. Super surplus liqu.....

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