Bonds | Yields Report on Monday, January 10, 2022, by CNBC
Source: cnbc.com 10-year yield rises to 1.8% to start the week, with inflation data in focus Vicky McKeever 2-3 minutes U.S. Treasury yields moved higher on Monday morning, as investors turned their focus to inflation data and a Senate testimony by Federal Reserve Chairman Jerome Powell. The yield on the benchmark 10-year Treasury note added more than 3 basis point, rising to 1.806% at 10:20 a.m. ET. The yield on the 30-year Treasury bond ticked up more than 2 basis point to 2.144%. Yields move inversely to prices and 1 basis point is equal to 0.01%. Treasurys Powell's nomination hearing in the Senate is scheduled for 10 a.m. ET on Tuesday. The hearing for Fed Governor Lael Brainard's nomination to the post of vice chair of the central bank is due to take place at 10 a.m. ET on Thursday. The December consumer price index is due out at 8:30 a.m. ET on Wednesday, and last month's producer price ind