US Treasury yields edge higher

Tuesday, January 26, 2021

U.S. Treasury yields edged higher on Tuesday morning, after former Federal Reserve Chair Janet Yellen was confirmed as Treasury secretary on Monday evening, CNBC reports.

The yield on the benchmark 10-year Treasury note climbed to 1.047 percent at 4 a.m. eastern time, while the yield on the 30-year Treasury bond advanced to 1.811 percent. Yields move inversely to prices.