In a chat with ET Now,, says the better opportunity is at the short-end of the yield curve between the one and five-year segment rather than at the long end. This is much less volatile and has today much higher yield than long term government security.Edited excerpts:I agree that bond markets are very focussed right now on the fiscal situation. That will certainly put a lot of pressure on bond markets, given that it is almost equal to the amount of new deposits being created by the banking system. This is much less volatile and has today much higher yield than long term government security. When you look at, let us say a one-year out scenario, it does appear that liquidity will remain reasonably tight.

Source: Economic Times January 30, 2018 11:37 UTC