After reaching a 3-month peak last week, U.S. Treasury yields are still climbing.
On Monday, the yield on the 10-year U.S. Treasury increased, reaching a three-month high.
The yield increased by 2 basis points to 4.252%, while the added 1 basis point to 4.108%.
Yields move inversely to prices. One basis point equals 0.01%.
On Wednesday, the yield on the 10-year Treasury reached a three-month high of 4.25%, but later dipped slightly to end the week.
This week, traders are anticipating the release of fresh jobs figures and consumer confidence data, which will provide insight into the U.S. presidential election on Nov. 5.
Central bank commentary following last week's IMF meetings in Washington, D.C., will continue to be digested by investors, with Federal Reserve policymakers now in a blackout period that prevents any commentary ahead of next week's interest rate decision.
Markets
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