India, Nov. 13 -- After moving sharply lower over the two previous sessions, treasuries have shown a notable move to the downside during trading on Friday.
Bond prices came under pressure early in the session and have remained firmly negative throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, has jumped 5.3 basis points to 5.156 percent.
With the strong upward move seen over the past few sessions, the ten-year yield has reached its highest level in almost a month.
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