India, May 11 -- Extending the see-saw trend seen over the past few sessions, treasuries came under pressure during trading on Thursday following the advance seen last Friday.
Bond prices moved steadily lower throughout the day, closing firmly in negative territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 4.6 basis points to 4.410 percent.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....