U.S. Treasury Yields Edge Lower as Oil Prices Decline
Treasury yields edged lower Monday as oil prices fell. Commerzbank strategist Rainer Guntermann said risk sentiment, oil prices and macro data would remain in the driving seat.
By Emese BarthaU.S. Treasury yields edged lower Monday, with falling oil prices steering direction for now."Risk sentiment, oil prices and macro data are set to remain in the driving seat," said Rainer Guntermann, rates strategist at Commerzbank, in a note. "Some market volatility following the mid…