Mumbai, April 15 -- In the bond market, Treasury yields eased as the fall for oil prices took some of the pressure off inflation. The yield on the 10-year Treasury fell to 4.25% from 4.30% late Monday. The yield on the 10-year U.S. Treasury note - the benchmark for government borrowing - dropped more than 4 basis points to 4.25%.

The 2-year Treasury note yield, more sensitive to short-term Federal Reserve interest rate decisions, was down more than 3 basis points to 3.74%. The longer-dated 30-year Treasury bond yield also declined more than 3 basis points to 4.86%.

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