India, Nov. 2 -- Following the notable advance seen over the two previous sessions, treasuries saw further upside during trading on Monday.
Bond prices moved higher early in the session and remained in positive territory throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell 3.5 basis points to 4.894 percent.
The ten-year yield closed lower for the third consecutive session, dropping to its lowest closing level in well over a month.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....