India, Sept. 8 -- After showing a lack of direction throughout much of the session, treasuries came under pressure in the latter part of the trading day.
Bond prices moved to the downside going into the close after spending much of the day lingering near the unchanged line. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose 2.2 basis points to 4.806 percent.
The ten-year yield added to the 2.2 basis point gain posted last Friday, reaching its highest closing level in almost three years.
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