U.S. Treasury Bond Yields Rise but Little Changed

Treasury bond yields in the United States stabilized on Monday, as expectations of rising interest rates were cooled down by recent remarks by Federal Reserve officials.

This comes following a surge in the return on the long-term debt instrument, which was the largest in nearly two months.

Markets are anticipating the release of the Fed’s meeting minutes on Wednesday to further investigate signals for changes in the monetary policy amid signs for recovery from the coronavirus pandemic.

The benchmark 10-year Treasury bond yield added seven basis points to reach 1.647%.

Meanwhile, the return on the 30-year Treasury bond leveled up by eight basis points to 2.363%.

As for the two-year note yield, it added two basis points to amount to 0.155%.