Mumbai, July 16 -- Treasury yields fell on Wednesday as traders weighed another tamer-than-expected inflation report.

The yield on the 10 year Treasury note - the main benchmark for mortgages, auto loans and credit card debt - was 3 bps lower at 4.55%. The yield on the 2 year Treasury note which typically reacts in line with short-term Federal Reserve interest rate decisions, dropped more than 4 bps to 4.14%. The 30-year Treasury yield slid less than 1 basis point to 5.09%.

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