India, Sept. 9 -- Treasuries showed a lack of direction early in the session on Wednesday but once again moved to the downside over the course of the session.
Bond prices came under pressure in late morning trading and remained firmly negative for the rest of the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 3.1 basis points to 4.837 percent.
The ten-year yield closed higher for the third straight session, reaching its highest closing level in almost three years.
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