US Treasury yields climbed across the maturity spectrum in Monday afternoon trading, with the 10-year note recording the biggest single-session gain among benchmark maturities.
Specifically, the 10-year Treasury yield increased by 5.5 basis points to 4.41%. The 30-year bond yield rose 4.8 basis points to 4.986%. Shorter-dated paper also moved up, with the 1-year yield adding 3.2 basis points to reach 3.77%.
The differential between the 5-year and 30-year Treasury yields narrowed to 91.7 basis points, down from 93.4 basis points at the previous close. That change reflects the relative move in yields along the intermediate and long end of the curve during the session.
Equity markets registered a modest advance alongside the move in Treasuries: the S&P 500 index edged 0.1% higher over the course of the trading session.
In credit markets, US 5-year credit default swaps held steady and did not register any change during the same period.
Market participants observed yields rising across several maturities at the same time, with the 10-year posting the largest gain among the notes cited. The narrowing of the 5-year to 30-year spread and the stability in 5-year CDS were recorded alongside a small uptick in the S&P 500.
Data included in this report reflect the moves noted during Monday afternoon trading and capture the yields and spreads at that time.
Detailed quote movements:
- 10-year Treasury yield: +5.5 basis points to 4.41%
- 30-year Treasury yield: +4.8 basis points to 4.986%
- 1-year Treasury yield: +3.2 basis points to 3.77%
- 5-year to 30-year spread: narrowed to 91.7 basis points from 93.4 basis points
- S&P 500 Index: +0.1% during the session
- US 5-year credit default swaps: unchanged
This account is limited to the market moves and measures reported for the session and does not extend beyond the specific yields, spread and market indicators cited above.