India, Aug. 31 -- Extending the weakness seen during last Friday's session, treasuries showed a notable move to the downside during trading on Monday.
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, advanced 3.8 basis points to 4.758 percent.
The ten-year yield added to the 4.8 basis point jump seen in the previous session, reaching its highest closing level since early January 2025.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....