India, Aug. 7 -- After moving sharply higher early in the session, treasuries gave back ground over the course of the trading day on Friday.

Bond prices pulled back well off their best levels of the day, eventually closing only slightly higher. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by 1.0 basis points to 4.660 percent after hitting a low of 4.603 percent.

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