US Treasury Yields Edge Higher as AI Fears Ease
The 10-year Treasury yield edged higher Monday after falling 14.6 basis points last week, its biggest weekly drop in seven months. Concerns about the impact of higher interest rates on AI stocks eased.
U.S. Treasury yields moved slightly higher on Monday, as the benchmark 10-year yield rebounded from its steepest weekly decline in seven months. Concerns over the effect of higher interest rates on AI stocks eased. The 10-year yield fell 14.6 basis points last week, even after hot…