Treasury yields climbed on Monday, as investors are eyeing the latest developments with the Omicron variant.
The yield on the benchmark 10-calendar year Treasury rose by 4.6 foundation details to 1.531%. The yield on the 30-12 months Treasury bond climbed by 4.8 foundation details to 1.878%. Yields shift inversely to price ranges and 1 basis point is equal to .01%.
Treasury yields slid on Friday, as traders searched for safe-haven belongings, amid fears all-around the freshly found virus variant.
Tags Omicron Treasury Yields
Check Also
Coinbase plans to list more meme coins amid regulatory optimism
According to Tom Duff Gordon, vice president of Coinbase, the exchange will probably be able …