10-year yield seen between 8.18- 8.23%: Prabhu

The bond market will remain cautious with a negative bias on concerns about surging inflation. Investors are watching out for the extent of rate hike by the RBI. The 10-year yield is seen between 8.18- 8.23%, says Suresh Prabhu, Money Market Analyst.

January 10, 2011 / 08:01 IST

Suresh Prabhu, Money Market Analyst said that, "The bond market will remain cautious with a negative bias on concerns about surging inflation. Investors are watching out for the extent of rate hike by the RBI. The 10-year yield is seen between 8.18- 8.23%."

first published: Jan 10, 2011 07:58 am

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