Mumbai, Dec. 19 -- Treasuries have moved higher in reaction to the inflation data. As a result, the yield on the benchmark ten-year note which moves opposite of its price, fell 3.5 basis points to 4.11%.

The benchmark 10-year Treasury yield moved lower on Thursday as investors digested delayed inflation data that showed cooling price pressures.

The yield on the 10-year Treasury fell more than 3 basis points to 4.118%. The 2-year Treasury yield declined by more than 2 basis points to 3.46%. The 30-year Treasury bond yield slid more than 2 basis points to 4.80%.

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