After ending last Friday's trading nearly unchanged, treasuries showed a substantial move to the upside during trading on Monday.
Bond prices spiked early in the session and remained sharply higher throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, tumbled by 11.9 basis points to 1.181 percent.
With the steep drop on the day, the ten-year yield ended the session at its lowest closing level in over five months.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.