Traders work on the floor of the New York Stock Exchange during morning trading on November 19, 2025 in New York City. Stocks opened mixed as Nvidia’s earnings report and other third-quarter numbers were released. (Photo by Michael M. Santiago/Getty Images)
Michael M. Santiago | Getty Images News | Getty Images
U.S. Treasury yields rose on Monday as investors geared up for a holiday-shortened week that included a number of major bond auctions.
of 10 year treasury The yield, the benchmark for U.S. government borrowing, rose more than 1 basis point to 4.165%. yield of 2 years treasury Notes rose less than 1 basis point to 3.492%. of 30 year bond Meanwhile, the yield rose more than 1 basis point to 4.846%.
One basis point is equal to 0.01%, or 1/100th of 1%, and yield and price are inversely proportional to each other.
The Treasury Department is scheduled to hold a number of major bond auctions this week that will provide a partial snapshot of investor positions and sentiment on U.S. debt, inflation and interest rate trends heading into 2026.
A total of $69 billion in two-year bond auctions will take place later Monday, followed by a $70 billion five-year bond auction on Tuesday and a $44 billion seven-year bond auction on Wednesday.
The sell-off comes after the Bureau of Labor Statistics’ consumer price index rose at an annual rate of 2.7% last month, suggesting inflationary pressures continue to ease, although expectations for a January interest rate cut remain low.
Cleveland Fed President Beth Hammack said Sunday that interest rates should remain at current levels for several months, adding that she believes inflation concerns outweigh weakness in the labor market.
Separately, the Chicago Fed is scheduled to release its National Activity Index on Monday.
The Chicago Fed’s National Activity Index, which measures U.S. economic activity and related inflationary pressures, is expected to register -0.4, up from -0.12 in August. The CFNAI is a weighted average index composed of 85 monthly economic activity indicators.
The bond market will close early on Wednesday at 2pm and will be closed on Thursday for Christmas.
