Mumbai, April 2 -- In the bond market, Treasury yields held relatively steady after a report said U.S. retailers made more money in February than economists expected. A separate report said U.S. manufacturing growth last month was slightly faster than economists expected. The 10-year Treasury yield rose to 4.32% from 4.30% late Tuesday.

The 10-year Treasury yield ticked up on Wednesday as investors assessed the prospect of a resolution to the conflict in the Middle East. The yield on the 10-year Treasury rose more than 2 bps to 4.33%. The 2-year yield was up less than 2 bps at 3.81% while the 30-year Treasury yield climbed more than 2 bps to 4.91%.

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