Mumbai, Nov. 13 -- The US treasuries gained following the Veterans Day holiday on Tuesday. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell 5.5 basis points to 4.06%, falling near two-week low. Markets also eyed visible progress on bringing an end to the US government shutdown and a deep correction in crude oil prices. WTI Crude sank more than 4% to test around three-week low. The 10-year Treasury yield currently quotes around 4.09%.
Published by HT Digital Content Services with permission from Capital Market....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.