12/4/2023, 5:11 PM (Source: TeleTrader)
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US Treasury yields jump with monetary policy in focus

United States Treasury yields increased on Monday as investors reassessed the chances of a shift in the Federal Reserve's monetary policy. Bond trading seemed to imply that traders now appear less convinced that the Fed could relax its policy sooner rather than later.

The return on the 10-year Treasury note advanced six basis points to 4.284% at 11:07 am ET. The yield on the two-year note rose by 7.9 basis points to 4.644% at the same time. The return on the 30-year bond increased 2.7 basis points to 4.444% at 11:07 am ET.

Baha Breaking News (BBN) / MS