Mumbai, July 10 -- The US treasuries jumped after trending lower over the past several sessions and pulled the yields lower. The yield on the benchmark ten-year note, which moves opposite of its price, fell around 7 basis points to 4.34%, coming off a two-week high. Debt market eyed the monetary policy outlook and trade concerns. The US Federal Reserve released the minutes of its June monetary policy meeting, revealing that most participants generally agree the central bank is well positioned to wait for more clarity on the outlook for inflation and the economy before adjusting interest rates.
Published by HT Digital Content Services with permission from Capital Market....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.