Mumbai, Aug. 7 -- The US 10-year yield edged up further yesterday, adding to gains from a three-month low. The benchmark 10-year note yield was up more than 2 basis points to 4.22%, while the 30-year Treasury bond yield climbed more than 4 basis points to break above 4.80%. A 10-year Treasury note auction on Wednesday faced lackluster demand for the first time since February as investors sought more yield to lend to government. A new report from the Federal Reserve Bank of New York shows total household debt has risen to $18.39 trillion and also highlighted a rise in inflation. The 10-year note yield is currently quoting at 4.24%, up marginally on the day as WTI Crude oil prices moved up from two-month low.

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