Mumbai, Feb. 2 -- US treasury yields are witnessing volatile moves on Monday, easing off a one-week top. The 10-year Treasury yield dipped marginally to 4.22% as a deep slide in WTI Crude oil prices weighed. Crude is currently down 4.60% at $62.18 per barrel. The US treasury yields were steady on Friday after the latest producer price index turned in a hot performance and after President Trump named Kevin Warsh as his pick as the next Federal Reserve chair. The 10-year Treasury yield rose around 2 bps to 4.25%. Market is gearing up for a data heavy week with the US nonfarm payrolls likely to hog limelight after the Fed kept interest rates unchanged in last month.

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