The benchmark 10-year bond yield 2 basis points lower at 8.85 per cent. Gains in Treasury prices and lower crude oil prices helping bonds, dealers said.
US Treasuries' prices rose on Tuesday as traders focused on weakening US consumer confidence and ignored stronger-than-expected data showing that US home prices last year climbed the most since 2005.
Oil fell on Tuesday, pressured by further signs of a Chinese economic slowdown and data that showed a build in US crude stockpiles for the second straight week.
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