Mumbai, Aug. 4 -- The US 10-year Treasury yield is on a downward trajectory following a tepid show on the economic readings, led by the July nonfarm payroll report and sustained worries on tariffs implemented by President Donald Trump. The US 10-year Treasury yield fell to a five-week low, approaching 4.22% mark and shedding more than 10 basis points. The US nonfarm payrolls increased 73K in July. While this was more than the 14K that were added in June, market was stunned by the sharp downward revision for previous month's numbers, according to data released by the US Bureau of Labor Statistics on Friday. It showed that job creation in the US was weaker than previously estimated. June's headline number was revised down by 133K and May's ...
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