Treasury yields rise as traders await factory data and monitor Middle East developments

cnbc.com

Treasury yields increased Monday as traders awaited factory data and monitored Middle East developments. The benchmark 10-year Treasury yield rose over 1 basis point to 4.3979%. The 2-year and 30-year yields also saw modest gains. Developments in the Middle East, including a U.S. initiative to guide commercial vessels through the Strait of Hormuz, and upcoming factory order data influenced borrowing costs.


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Treasury yields rise as traders await factory data and monitor Middle East developments | News Minimalist