India, May 22 -- Following the pullback seen in the previous session, treasuries moved back to the upside during trading on Thursday before giving back ground going into the close.
The benchmark S&P/TSX Composite Index pulled back well off its highs of the session, ending the day up just 14.84 points or 0.1 percent at 25,854.01.
The strength that emerged in mid-day trading came as U.S. treasury yields gave back ground after recently surging due in part to concerns about the fiscal impact of a Republican tax cut bill.
The downturn by treasury yields generated some positive sentiment on Bay Street, but buying interest waned going into the end of the day.
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