Mumbai, Nov. 4 -- The 10-year Treasury yield saw flat moves on Monday as the US government shutdown entered its fourth week. The benchmark yield edged up marginally to 4.11%, holding at one-month high. Economic cues were lax. Manufacturing activity in the US contracted at a slightly faster rate in the month of October, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI slipped to 48.7 in October after edging up to 49.1 in September, with a reading below 50 indicating contraction. Yields eased today and currently hold around 4.09% amid a correction in crude oil and metals.

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