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Aug 13, 2012, 08.51 AM IST

10-year yield seen between 8.14-8.19%: Suresh Prabhu

The bearish cut-off level in Friday's auction indicates pressure on bond yields, says Suresh Prabhu, Money Market Analyst.

Suresh Prabhu, Money Market Analyst

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Suresh Prabhu, Money Market Analyst said, "The bearish cut-off level in Friday's auction indicates pressure on bond yields. Traders are also cautious on concerns that weak monsoon and fuel price adjustment could push inflation further up. The 10-year yield is seen between 8.14-8.19%."
Tags: Suresh Prabhu, Money Market Analyst, auction, bond, yields, inflation , yield
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