India, April 22 -- Following the weakness seen in the previous session, treasuries showed a lack of direction over the course of the trading day on Wednesday.

Bond prices quickly gave back ground after an initial advance and spent the rest of the day lingering near the unchanged line. The yield on the benchmark ten-year note, which moves opposite of its price, crept up by less than a basis point to 4.294 percent.

For comments and feedback contact: editorial@rttnews.com

Published by HT Digital Content Services with permission from RTT News....