Mumbai, July 14 -- The US Bond yields edged up on Friday as treasuries came under pressure amid slightly weak equities. Equities were slightly lower amid trade worries and the yield on the benchmark ten-year note, which moves opposite of its price, soared around8 basis points to hit one-month high of 4.42%. It currently hovers around the same mark. The US President Donald Trump announced 30% tariff on Mexico and EU, effective August 1 and ensured that the positive vibes created by a likely US and the EU trade deals fizzle off. US yields also moved up ahead of the inflation figures due in this week.

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