Treasury yields edge higher as traders monitor factory data and Middle East developments

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U.S. Treasury yields rose on Monday as traders awaited more data on U.S. factory activity and events in the Middle East continued to loom over borrowing costs.

The 10-year Treasury

yield — the benchmark for U.S. government borrowing — was more than 1 basis point higher in early trade, at 4.3979% by 5:10 a.m. E.T.

Meanwhile, yields on the 2-year Treasury

Treasury yields edge higher as traders monitor factory data and Middle East developments

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