India, Oct. 13 -- Following the Columbus Day holiday on Monday, treasuries have moved to the upside over the course of the trading session on Tuesday.
Bond prices advanced early in the session and have remained firmly positive throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, has fallen 2.9 basis points to 5.215 percent.
The strength among treasuries comes as traders look ahead to the release of a closely watched report on consumer price inflation on Wednesday.
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