India, July 22 -- Following the weakness seen over the two previous sessions, treasuries saw further downside during trading on Wednesday.
Bond prices moved lower early in the day and remained in the red throughout the session. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose 2.9 basis points to 4.657 percent.
With the continue increase on the day, the ten-year yield ended the session at its highest closing level in two months.
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