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U.S. Treasury Bond Yields Begin Week with Rise

M. Ali 7 June, 2021 11:50 pm Market Update

Treasury bond yields in the United States rose on Monday, with markets gearing up in expectation for the upcoming inflation data.

Reflation fears amid fiscal and monetary support with huge stimulus packages have recently resurfaced, despite the Federal Reserve expecting the recent surge in consumer prices to be temporary.

The benchmark 10-year Treasury bond yield settled at 1.569%.

Meanwhile, the return on the two-year and 30-year bonds amounted to 0.157% and 2.247%, respectively.

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