Aug 06, 2012, 08.45 AM IST

10-yr yield seen between 8.24-8.29%: Suresh Prabhu

The range for the 10-yr yield is seen between 8.24-8.29%, says Suresh Prabhu, Money Market Analyst.

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Suresh Prabhu, Money Market Analyst said that, "Amidst regular supply of central and state government papers through weekly auctions, the recent SLR reduction will increase supply potential and keep yields under pressure. The market will await measures by government to address balance of payment issues, particularly fiscal deficit. The range for the 10-yr yield is seen between 8.24-8.29%.


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