India, Oct. 16 -- After moving sharply higher over the past few sessions, treasuries have shown a lack of direction over the course of the trading day on Friday.
Bond prices have spent the day bouncing back and forth across the unchanged line. The yield on the benchmark ten-year note, which moves opposite of its price, is down less than a basis basis point at 5.085 percent.
The choppy trading on the day came as traders expressed some uncertainty about the near-term outlook for the bond markets following recent volatility.
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