Mumbai, Aug. 28 -- The US treasuries edged higher yesterday and pulled yields down. The yield on the benchmark ten-year note, which moves opposite of its price, eased by 2 basis points to 4.23%. The yield is currently quoting around same mark as near-term US interest rate outlook continues to dominate the sentiments. Yields are around two-week low right now. Meanwhile, a Conference Board update showed a modest deterioration by consumer confidence in the US in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July. Conference Board expectations index, which is based on consumers' short-term outlook for income, business, and labor market conditions, also di...