Mumbai, Feb. 9 -- Treasuries showed a lack of direction after ending the previous session sharply higher. The yield on the benchmark ten-year note which moves opposite of its price, edged down by less than a basis point to 4.20%.

U.S. Treasury yields were relatively unchanged on Friday as investors continued to assess the state of the American economy.

The 10-year Treasury yield was less than 1 basis point lower at 4.20% while the 30-year Treasury yield was 1 basis point lower at 4.853%. The 2-year Treasury note yield rose more than 1 basis point to 3.49%.

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