Bond yields higher as equities recover

Investors were comforted by gains in equities markets on Monday and exited the government bond market, sending prices for US Treasury bonds lower and yields higher.

There was no new economic news to influence investors one way or the other.

Two-year treasury bonds yielded 4.58 percent, up from Friday’s late quote of 4.51 percent, while five-year issues were yielding 4.63 percent.

Ten-year yields were at 4.81 percent and thirty-year paper yielded 4.96 percent, higher than Friday’s yield of 4.94 percent.

Story link: Bond yields higher as equities recover