Mumbai, June 4 -- The yield on the 10-year Treasury note - the main benchmark for mortgages, auto loans and credit card debt - was more than 3 bps higher at 4.48%. The yield on the 2-year Treasury note which typically reacts in line with short-term Federal Reserve interest rate decisions, rose more than 2 basis points to 4.07%.

The 30-year Treasury yield which traditionally moves on geopolitical events, was up more than 2 bps at 4.98%.

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