Long-term U.S. Treasury yields rose on Monday as traders made room for this week’s record auctions of government bonds, which will finance the response to the COVID-19 pandemic.
What are Treasurys doing?
The 10-year Treasury note yield TMUBMUSD10Y, 0.579% rose 1.1 basis points to 0.573%, compared with 0.562% on Friday. The two-year note TMUBMUSD02Y, 0.136% was at 0.129%, after trading at 0.127% at the end of last week. The 30-year bond yield TMUBMUSD30Y, 1.254% was virtually unchanged at 1.230%.
