10-year Treasury Yield Rises Despite Lingering Coronavirus Concerns

10-year Treasury Yield Rises Despite Lingering Coronavirus Concerns

Via CNBC:

Shorter-dated Treasury yields rose even though the surge in coronavirus infections in the U.S. remained a concern, reaching 13,384,650 on Sunday, according to data compiled by Johns Hopkins University.

November data from the Chicago purchasing managers’ index is due at 11:45 a.m. ET on Monday, followed by national figures for pending home sales at 12 p.m. ET and the Dallas Fed manufacturing index at 12:30 p.m. ET.

Auctions will be held on Monday for $54 billion of 13-week bills and $51 billion of 26-week bills.

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