India, March 14 -- After turning positive over the course of the previous session, treasuries moved back to the downside during trading on Friday.
Bond prices moved notably lower early in the session and remained negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 3.4 basis points to 4.308 percent.
The pullback by treasuries came amid a substantial rebound on Wall Street, with stocks regaining ground following the sell-off seen in the previous session.
Treasuries had turned higher on Thursday as stocks plunged to six-month lows amid ongoing concerns about the impact of President Donald Trump's trade policies.
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