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TREASURIES-Yields climb as virus variant-induced investor panic ebbs

Name: TREASURIES-Yields climb as virus variant-induced investor panic ebbs
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

November 29, 2021 Reuters

U.S. Treasury yields bounced
higher on Monday amid a waning flight-to-safety bid that had
been triggered by the detection of a new coronavirus variant
last week, leading to the market's biggest rally since the onset
of the pandemic.
The benchmark 10-year yield, which dropped as
low as 1.473% on Friday, was last up 7.4 basis points at
1.5586%. After tumbling to 1.

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