India, July 30 -- Treasuries showed a notable move to the downside during trading on Thursday, extending the pullback seen in the previous session.
Bond prices came under pressure early in the session and remained firmly negative throughout the week. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, jumped 4.1 basis points to 4.663 percent.
The ten-year yield further offset the rebound seen last Friday and early this week but remains well off last Thursday's well over one-year closing high.
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