India, Oct. 21 -- Following the strength seen in the previous session, treasuries have shown a lack of direction over the course of the trading day on Wednesday.
Boned prices have spent the day bouncing back and forth across the unchanged line. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, is up by less than a basis point at 5.125 percent.
The choppy trading in the bond markets comes as traders seem reluctant to make significant moves amid a relatively quiet day on the U.S. economic front.
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