10-year yield seen between 8.05- 8.10%: Prabhu

The bond market is expected to be bearish on spiraling oil prices and expectation of RBI action on inflation and rates. The supply pressure through auctions of sovereign bonds may also weigh on sentiment. The 10-year yield is seen between 8.05- 8.10%, says Suresh Prabhu, Money Market Analyst.

April 25, 2011 / 08:09 IST

Suresh Prabhu, Money Market Analyst said that, "The bond market is expected to be bearish on spiraling oil prices and expectation of RBI action on inflation and rates. The supply pressure through auctions of sovereign bonds may also weigh on sentiment. The 10-year yield is seen between 8.05- 8.10%."

first published: Apr 25, 2011 08:07 am

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