Mumbai, July 2 -- U.S. Treasury yields rose on Wednesday as investors weighed more data and new comments from the Federal Reserve's newly appointed chairman.

The yield on the benchmark 10-year Treasury note - the main benchmark for mortgages, auto loans and credit card debt - was nearly 6 bps higher at 4.48%.

The shorter-term 2-year note added almost 4 bps to 4.17% while the yield on the 30-year Treasury was up by 7 bps at 4.97%.

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