India, July 8 -- Treasuries saw modest weakness during trading on Tuesday, extending the downward move seen over the past several sessions.
Bond prices moved lower early in the session and remained in negative territory throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.0 basis points to 4.415 percent.
The ten-year yield closed higher for the fifth consecutive session, reaching its highest closing level in almost a month.
The continued weakness among treasuries came as traders continued to keep an eye on developments on the trade front, with President Donald Trump signing an executive order officially extending the suspension of reciprocal tariffs on U.S. trade partners...