India, July 16 -- Treasuries moved to the upside during trading on Wednesday, regaining ground after moving notably lower in the previous session.
Bond prices fluctuated over the course of the session but largely maintained a positive. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell 3.4 basis points to 4.455 percent.
With the pullback, the ten-year yield gave back ground after ending Tuesday's session at its highest closing level in over a month.
Treasuries moved higher early in the session following the release of a Labor Department report showing producer prices in the U.S. unexpectedly came in flat in the month of June.
The Labor Department said its producer price index for final demand...