10-year yield seen between 8.18-8.25% range: Suresh Prabhu
Published on Mon, Feb 13, 2012 at 08:24 | Source : CNBC-TV18
Updated at Mon, Feb 13, 2012 at 08:29
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10-year yield seen between 8.18-8.25% range: Suresh Prabhu
The bonds will be rangebound as soft IIP numbers will weigh in favour of shifting focus on growth acceleration, says Suresh Prabhu, Money Market Analyst.
Suresh Prabhu, Money Market Analyst said, "The bonds will be rangebound as soft IIP numbers will weigh in favour of shifting focus on growth acceleration. Declining inflation will also add to expectation of an early rate action. The 10-year yield is seen between 8.18-8.25%."
