Mumbai, April 27 -- The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, dropped more than 4 basis points to 3.78%.

Yields have moved higher the past week as crude oil prices have climbed. Last Friday, the 10-year Treasury note yielded 4.244% and the 2-year stood at 3.70%. A barrel of West Texas Intermediate crude oil is higher by more than 12% this week.

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