After coming under pressure during an abbreviated holiday session last Friday, treasuries showed a lack of direction during trading on Monday.
Bond prices spent much of the session lingering near the unchanged line. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, crept up by less than a basis point to 3.415 percent.
The choppy trading on the day came after treasuries fell sharply in the previous session following the release of the Labor Department's closely watched monthly jobs report.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.