Bond market to remain in bearish mode: Prabhu

The bond market continues to be in bearish mode on account of expected additional borrowing to the tune of Rs 56800 cr, says Suresh Prabhu, Money Mkt Analyst.

November 28, 2011 / 08:44 IST

Suresh Prabhu, Money Mkt Analyst said, "The bond market continues to be in bearish mode on account of expected additional borrowing to the tune of Rs 56800 cr. The supply pressure is expected to continue. The range for the 10-yr yield is seen between 8.80-8.85%."

first published: Nov 28, 2011 08:36 am

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