Mumbai, June 16 -- The US Treasury yields rose on Friday, coming off a five-week following Israeli airstrikes on Iran and counterattacks from Iran. A wild spurt was seen in WTI Crude oil futures in last session. As the oil prices hit near six-month highs, debt markets were concerned about a rise in inflation in near term. However, the overall movement in benchmark 10-year Treasury yield was limited and the yields currently hover around 4.44%. Meanwhile, risk appetite is steady today. Asian stock markets are trading mostly higher on Monday, despite the broadly negative cues from Wall Street in last session.

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