India, Aug. 27 -- Extending the upward move seen over the course of the previous session, treasuries moved to the upside during trading on Wednesday.
Short-term and long-term treasuries moved in opposite directions early in the session but moved mostly higher as the day progressed.
Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell 2.0 basis points to 4.238 percent.
The two-year yield showed a more notable move to the downside, while the thirty-year yield ended the day roughly flat after hitting its highest intraday level in a month.
The advance by treasuries came as traders continued to digest President Donald Trump's interference with the Federal Reserve following his decision to fire Fed G...