10-year yield seen between 8.43-8.48%: Prabhu

The 10-year yield is seen between 8.43-8.48%, says Suresh Prabhu, Money Market Analyst.

May 30, 2011 / 07:55 IST

Suresh Prabhu, Money Market Analyst said that, "The bond market is going through a bearish phase due to persistent concern about inflation. Continuous supply of papers and possible fuel price hike may lead to further hardening of interest rates. The 10-year yield is seen between 8.43-8.48%."

first published: May 30, 2011 07:54 am

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