U.S. Treasury yields climbed on Monday, with the 10-year yield hovering just below the latest 15-year high it hit last week, as investors assessed the outlook for interest rates and awaited fresh economic data.
ET, the yield on the 10-year Treasury was up by more than 6 basis points at 4.633%.
It had reached 4.688% on Thursday, its highest level since Oct. 15, 2007.
The 2-year Treasury yield was trading at 5.104% after rising by nearly 6 basis points.
Yields and prices move in opposite directions and one basis point equals 0.01%.
Organizations:
Treasury