Mumbai, Jan. 9 -- Treasuries moved notably lower as President Donald Trump's call to increase military spending raised concerns about the national debt. As a result, the yield on the benchmark ten-year note which moves opposite of its price, jumped by 4.5 bps to 4.18%.

U.S. Treasury yields moved higher on Thursday as investors looked ahead to key jobs data and continued to monitor geopolitical developments.

The 10-year Treasury yield was up more than 4 bps to 4.18%. The 2-year Treasury note was more than 2 bps higher at 3.49%. Meanwhile, the 30-year bond yield rose more than 4 bps to 4.85%.

Published by HT Digital Content Services with permission from Capital Market....