Mumbai, Sept. 16 -- The US treasuries are seeing modest uptick as trade talks between top US and Chinese officials in Europe continue. The yield on the benchmark ten-year note, which moves opposite of its price, eased to 4.04% yesterday. With recent data showing relatively subdued inflation and a weakening labor market, the Fed is widely expected to lower interest rates by around a quarter point on Wednesday. No critical economic data was on radar in US yesterday, thereby keeping the bond markets in a tight range.

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