US Bond Yields Rise on Monday Morning

US Treasury yields rose on Monday morning, as investors’ attention turned to inflation data, due for release later in the week, the benchmark 10-year Treasury yield was up 2 basis points to 1.474 percent, and the 30-year Treasury yield added a point. 1 basis at 1.8999%

This comes after Treasury yields fell on Friday, despite the strong jobs report for October. The US Labor Department reported that 531,000 jobs were created last month, well above expectations of 450,000 jobs. It is due to be released on Wednesday morning.