U.S. government debt yields were sharply higher on Monday, as investors returned to riskier assets amid more upbeat market sentiment.
At around 02:30 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 1.5724%, while the yield on the 30-year Treasury bond was also higher at around 2.0559%.
Market focus is largely attuned to global central banks, as hopes of more stimulus from major economies such as China and Germany soothed investors' concerns about a global economic downturn. U.S. government debt yields were sharply higher Monday morning, as investors returned to riskier assets amid broadly more upbeat market sentiment.
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