Mumbai, Oct. 6 -- The US treasury yields edged higher on Friday as government shutdown stayed in place and investors weighed its potential impact on the US economy. The 10-year Treasury yield is currently hovering around 4.15% mark. On the economic front, the S&P Global US Services PMI business activity index came in at 54.2 in September, down from 54.5 in August. The final US Services PMI is higher from 53.9 flash figure, but has dipped for two months in a row. Overall mood in debt market is choppy though uncertainty posed by the US government shutdown and an escalation in Russia-Ukraine war are likely to keep demand for treasuries elevated.

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