Mumbai, Feb. 19 -- Treasuries moved lower after ending the previous session nearly unchanged. Subsequently, the yield on the benchmark ten-year note which moves opposite of its price, climbed 2.7 bps to 4.07%.

U.S. Treasury yields ticked higher on Wednesday after the Federal Reserve meeting minutes showed division on the future of monetary policy.

The 10-year Treasury yield rose more than 3 bps to 4.08% while the 30-year Treasury bond yield traded up more than 2 bps to 4.71%. The 2-year Treasury note yield was also more than 3 bps higher at 3.46%.

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