Mumbai, April 20 -- 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 which more closely tracks short-term Federal Reserve interest rate policy, was more than 7 bps at 3.70%. The longer-dated 30-year Treasury bond yield dropped more than 4 bps to 4.88%.

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