Bond Report: Treasury yields rise after retail sales help affirm U.S. economic strength

Treasury yields climbed on Monday after a sold retail sales figure highlighted the robust U.S. economy, an environment in which the Federal Reserve may feel comfortable raising interest rates at its current pace even as a potential U.S.-China trade conflict looms.

What are Treasurys doing?

The 10-year Treasury note yield TMUBMUSD01Y, +0.33% rose 2.6 basis points to 2.856%. The 2-year note yield TMUBMUSD02Y, +1.12% added 1.8 basis points to 2.601%. The 30-year bond yield TMUBMUSD30Y, +1.00% climbed 3.2 basis point to 2.965%, the largest one-day yield jump since June 20.

Bond prices move in the opposite direction of yields.

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