Mumbai, Nov. 17 -- The US treasuries came under pressure post seeing initial strength. As a result, the yield on the benchmark ten-year note which moves opposite of its price, climbed 3.6 basis points to 4.14% after hitting a low of 4.06%. No major economic data was on cards on Friday though the market seemed to get ready for a resumption of such releases following the end of US government shutdown. Yields have zoomed near one-week high following the rise on Friday.
Published by HT Digital Content Services with permission from Capital Market....
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