Treasury Yields Rise in August

The US Treasury yields declined on Monday amid increased selling pressures at the end of the month.

The 10-year Treasury bond yield decreased by 3.2 basis points to 0.695%, reducing its increase during the month of August to 15.9 basis points.

As for the 30-year bond yield, a fall of 5.4 basis points to 1.454% meant that it has increased by 25.6 basis points this month, the largest increase since November 2016.

Meanwhile, the two-year note yield settled at 0.131%, rising by only 2 basis points in August.