India, April 8 -- After ending the previous session little changed, treasuries showed a strong move to the upside during trading on Wednesday.
Bond prices gave back ground after an early surge but remained firmly positive. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, slid 5.2 basis points to 4.291 percent after hitting a low of 4.234 percent.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....