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Treasury yields tick higher as investors make way for busy auction week

Sunny Oh

Treasury yields rose Monday after market participants sold government paper in anticipation of bond auctions throughout the week, and as they awaited speeches by senior Federal Reserve officials. The 10-year Treasury note yield (BX:TMUBMUSD10Y) climbed 3.4 basis points to 2.724%, while the 30-year bond yield (BX:TMUBMUSD30Y) was up 2.8 basis points to 3.058%. The 2-year note yield (BX:TMUBMUSD02Y) was also up 2.4 basis points to 2.532%.