Bonds | Treasury Yields Report | Monday, May 23, 2022:
Source: cnbc.com Treasury yields rise as inflation and economic growth concerns linger Vicky McKeever 2 minutes U.S. Treasury yields rose on Monday as concerns about inflation and economic growth remained in focus for investors. The yield on the benchmark 10-year Treasury note climbed 3 basis points to 2.823%. The yield on the 30-year Treasury bond moved 2 basis points higher to 3.021%. Yields move inversely to prices and 1 basis point is equal to 0.01%. Treasurys Treasury yields moved lower throughout last week, as investors looked to find a safe haven in government bonds, amid heavy selling in stock markets. The S&P 500 briefly dipped into bear territory on Friday, with the benchmark index falling 20%. However, U.S. equities were on the rise on Monday, with investors appearing to rotate slightly out of bonds, pushing yields up. Stock picks and investing trends from CNBC Pro: There are no major economic da