Mumbai, Aug. 11 -- The US treasuries extended the downward move seen over the two previous sessions. As a result, the yield on the benchmark ten-year note which moves opposite of its price edged up 4.1 bps to 4.28%. Top tier economic cues were absent but the US Fed Vice Chair for Supervision Michelle W. Bowman offered her outlook on the economy and an update on the recent meeting of the Federal Open Market Committee (FOMC). She noted that at last week's FOMC meeting, she dissented from the Committee's decision to hold the policy rate at its current level. Economic conditions appeared to be shifting, and as a result, we should reflect this shift in our policy decisions. Inflation has moved considerably closer to our target, after excluding...