2012.05.28 05:07:02 MARKET TALK: India Bonds Likely Tad Up; Lack N/T Triggers -Dealer

0307 GMT [Dow Jones] Indian government bond prices are likely to open slightly higher, tracking gains in U.S. Treasurys Friday. The benchmark 8.79% 2021 bond yield is likely to open at 8.50% vs 8.51% at Friday's close and trade in a 8.49%-8.53% band through the session, says a dealer with a private bank. It closed at 101.79 in price terms. Trade is likely to be rangebound Monday due to a lack of near-term triggers, he says. But, expectations that the RBI will carry out a bond buyback this week as well will act as a cap on yields, he adds.(sudeep.jain@dowjones.com) Contact us in Singapore. 65 64154 140; MarketTalk@dowjones.com (END) Dow Jones Newswires May 27, 2012 23:07 ET (03:07 GMT)