Mumbai, April 17 -- In the bond market Treasury yields rose a bit after a report showed fewer U.S. workers applied for unemployment benefits last week. The yield on the 10-year Treasury rose to 4.31% from 4.29% late Wednesday.

The 2-year Treasury note yield, more sensitive to short-term Federal Reserve interest rate decisions, moved higher by more than 1 basis point to 3.77%. The long-dated 30-year Treasury bond yield stood at 4.93% after gaining more than 4 bps.

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