Mumbai, Nov. 24 -- Treasuries extended the upward move seen over the course of the previous session resulting in the yield on the benchmark ten-year note to slide down by 4.3 bps to 4.06%. Treasury yields were lower on Friday after New York Federal Reserve President John Williams offered some hope to investors that the Fed may lower its key interest rate at its final meeting of 2025 next month. Yields across the maturity curve ticked lower, with the 2-year Treasury yield shedding more than 5 bps to 3.50% and the longer-term 30-year Treasury's yield being down more than 1 basis point at 4.71%.

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