After moving to the downside early in the session, treasuries showed a notable turnaround over the course of the trading day on Monday.
Bond prices climbed well off their initial lows and into positive territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 4.4 basis points to 3.079 percent.
The rebound by treasuries may partly have reflected profit taking after the ten-year yield reached its highest intraday level since November 2018.
For comments and feedback contact: editorial@rttnews.com
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.