Mumbai, Sept. 7 -- The US Treasury yields gained a strong US nonfarm payrolls data for August lifted expectations of a Federal Reserve rate hike at the coming meeting of FOMC scheduled in the middle of this month. The 10-year US Treasury yield is hovering around highest since January 2025 though 4.8% mark is leading to some consolidation in the yields. The attention is shifting to the coming inflation data releases but a very firm undertone in crude oil prices is keeping overall bias bullish for the yields.

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