Mumbai, Jan. 22 -- Treasuries regained ground after moving sharply lower over the past few sessions. Subsequently, the yield on the benchmark ten-year note which moves opposite of its price, decreased by 4.2 bps to 4.25%.

The benchmark 10-year Treasury yield fell on Wednesday, as concerns around the "sell America" trade ignited in the previous session were eased following new comments from President Donald Trump.

The yield on the 10-year Treasury was down more than 4 bps at 4.25% - it topped 4.3% at the high of the day on Tuesday. The 30-year Treasury bond was more than 5 bps lower at 4.87% while the 2-year Treasury note yield dipped less than a basis point at 3.59%.

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