India, Oct. 5 -- Following the significant downturn seen over the course of last Friday's session, treasuries have seen further downside during trading on Monday.
Bond prices regained some ground in the latter part of the trading day but remained firmly negative. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose 3 basis points to 5.31 percent.
Earlier in the session, the ten-year yield once again surged to its highest intraday level since early April of 2002.
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