India, April 2 -- After recovering from an initial move to the downside, treasuries showed a lack of direction over the course of the trading session on Thursday.
Bond prices spent most of the day lingering near the unchanged line before closing roughly flat. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by less than a basis point to 4.313 percent after reaching a high of 4.362 percent.
Published by HT Digital Content Services with permission from RTT News....