India, April 30 -- Following the upward trend seen over the past several sessions, treasuries showed a lack of direction over the course of the trading day on Wednesday.
Bond prices spent most of the day lingering near the unchanged line before closing roughly flat. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, crept up by less than a basis point to 4.177 percent.
The choppy trading came following the release of a slew of U.S. economic data, including a Commerce Department showing the U.S. economy unexpectedly shrank in the first three months of 2025.
The Commerce Department said real gross domestic product fell by 0.3 percent in the first quarter after surging by 2.4 percent in the fourth quar...