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Expect yields to move sideways: Suresh Prabhu

Published on Fri, Mar 12, 2010 at 08:00 |  Source : Moneycontrol.com

Updated at Fri, Mar 12, 2010 at 08:01  

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Suresh Prabhu, HDFC Bank said that, "The 10-year yield dropped from 8% to about 7.98% on account of more clarity on the borrowing programme. The yields are now expected to move sideways between 7.98-8% today with a bearish undertone in the market. Inflation data is also expected to impact sentiment."

  

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