Mumbai, Oct. 9 -- The US Treasury yields were flat Wednesday as the government shutdown continued and the minutes from the September Federal Reserve meeting showed some indecision over the pace of future rate cuts. The yield on the benchmark 10-year bond held around 4.13%. The Federal Reserve on Wednesday released the minutes of its September meeting which revealed that most participants observed it was appropriate to lower rates toward a more neutral setting because downside risks to employment had increased and upside risks to inflation had either diminished or not increased.

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