India, May 6 -- After an early move to the upside, treasuries fluctuated over the course of the trading session on Monday before ending the day roughly flat.
Bond prices spent much of the day lingering near the unchanged line. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down 1.1 basis points to 4.489 percent.
With the downward move, the ten-year yield extended the pullback seen over the three previous sessions, dipping to its lowest closing level in almost a month.
The choppy trading on the day came as bond traders seemed reluctant to make significant moves amid a lack of major U.S. economic data.
The economic calendar remains relatively quiet throughout the week, although a prelimina...