Mumbai, Sept. 30 -- The US treasuries edged up after trending lower over the past several sessions as markets eyed key economic updates on job openings and consumer confidence. As a result, yield on the benchmark ten-year note eased 5 basis points to 4.14%, coming off a three-week high. Yields have mostly trended lower this month after starting around 4.30%. The yield on benchmark 10-year bond had dropped to lowest in around seven months. Meanwhile, the Federal Reserve Bank of New York President John Williams stated yesterday that signs of weakness in the labor market drove his support for cutting interest rates at the most recent central bank meeting.

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