Bond Report: Treasury yields hold steady as investors await Fed speakers

Treasury yields were mostly flat Monday as bond traders looked ahead to a pair of Federal Reserve speakers to see if the strong jobs data released last Friday has added support for a December rate hike among central bankers, which could bruise prices for government paper.

The 30-year Treasury yield TMUBMUSD10Y, +1.60% rose more than 1 basis point to 2.853%, after plummeting more than 5 basis points over last week. The 2-year Treasury yield TMUBMUSD02Y, +0.59% added 0.4 basis point to 1.359%, while the 10-year benchmark Treasury note TMUBMUSD10Y, +1.60% ticked 0.5 basis point higher to 2.271%.

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