India, April 25 -- Treasuries moved higher during trading on Friday, seeing further upside following the notable advance seen in the previous session.
Bond prices rose early in the session and climbed more firmly into positive territory as the day progressed. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell 3.9 basis points to 4.266 percent.
The ten-year yield added to the 8.2 basis point slump seen on Thursday, sliding to its lowest closing level in over two weeks.
Traders continued to keep a close eye on the developments on the trade front, with President Donald Trump refuting China's claims that the two countries have not held any trade negotiations.
"They had a meeting this morning," Tr...