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Jul 12, 2012, 08.23 AM IST

10-yr yield seen between 8.16-8.21%: Suresh Prabhu

Record high current and trade deficit will have a negative impact on the market, saysSuresh Prabhu, Money Market Analyst.

Suresh Prabhu, Money Market Analyst

Expertise : Currencies

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Suresh Prabhu, Money Market Analyst said, "Record high current and trade deficit will have a negative impact on the market. All eyes on the State development loans worth Rs 3280 cr, which will be auctioned tomorrow. The market will also await the auction of G-Secs later this week. The range for the 10-yr yield is seen between 8.16-8.21%."
Tags: Suresh Prabhu, Money Market Analyst, G-Secs, yield
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