| Treasuries moved notably lower, extending the pullback seen during last Friday's session. Subsequently, the yield on the benchmark ten-year note which moves opposite of its price, jumped 7.9 bps to 4.09%.
U.S. Treasury yields moved higher on Monday as traders began to anticipate slightly faster economic growth in 2026, helped in part by expectations that the Federal Reserve will again lower interest rates at the central bank's final policy meeting of the year next week.
The 10-year Treasury note yield was up around 7 bps to 4.09%. The 30-year bond yield similarly climbed more than 7 bps to 4.74%. The 2-year note yield was up about 5 basis points to 3.53%.
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