Mumbai, Nov. 18 -- The US treasuries regained ground after moving lower over the two previous sessions resulting in the opposite movement of yield on the benchmark ten-year note to dip by 1.5 bps to 4.13%. The decline was nominal though as firm economic cues capped downside for the yields. The Federal Reserve Bank of New York released a report showing its reading on regional manufacturing activity unexpectedly increased in the month of November. The New York Fed said its general business conditions index jumped to 18.7 in November after surging to 10.7 in October, with a positive reading indicating growth.

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