Mumbai, July 17 -- US bond markets saw a mixed activity yesterday as markets eyed inflationary trends. The latest data showed that the June producer price index turned flat, after rising 0.3% in May. This pulled the 10-year yield from a five-week high but it remains somewhat steady around 4.46% mark right now as focus shifts to the US Retail sales and jobless claims data. A weak undertone in WTI Crude oil futures, which tested around two-week low near $65.40 per barrel yesterday is capping advances in US yields.
Published by HT Digital Content Services with permission from Capital Market....
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