Mumbai, June 5 -- Treasury yields fell on Thursday as investors await more key data on the U.S. employment picture while renewed hopes for a Middle East ceasefire sent energy costs lower.

The yield on the 10-year Treasury note - the main benchmark for mortgages, auto loans and credit card debt - slipped 2 bps to 4.47%. The yield on the 2-year Treasury note which typically reacts in line with short-term Federal Reserve interest rate decisions, lost more than 3 bps to trade at 4.04%.

Meanwhile, the 30-year Treasury yield which traditionally moves on geopolitical events, shed more than 1 basis point to 4.97%.

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