India, July 23 -- Treasuries showed a notable move to the downside during trading on Thursday, extending the slump seen throughout the week.
Bond prices came under pressure early in the session and remained firmly negative throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, jumped 4.6 basis points to 4.703 percent.
The ten-year yield closed higher for the fourth consecutive session, reaching its highest closing level since early 2025.
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