Mumbai, April 13 -- Treasury yields swiveled up and down in the bond market following the reports before pulling near where they were the day before.

The yield on the 10-year Treasury edged down to 4.28% from 4.29% late Wednesday. It's still well above its 3.97% level from before the war which has sent rates higher for mortgages and other kinds of loans going to U.S. households and businesses.

The 2-year Treasury note yield which is more sensitive to short-term Federal Reserve interest rate decisions, rose more than 2 bps to 3.80%. The longer-dated 30-year Treasury note yield also advanced less than 2 bps to 4.91%.

Published by HT Digital Content Services with permission from Capital Market....