Treasury yields rise as investors eye on corporate earnings

US News

U.S. Treasury yields rose on Tuesday morning, as investors eye on the latest corporate earnings.

The yield on the benchmark 10-year Treasury note rose to 1.619% at 4 a.m. ET. The yield on the 30-year Treasury bond climbed to 2.315%. Yields move inversely to prices.

Treasurys

Treasury yields fell to 1.53% last week, despite strong economic data.

However, the focus is on corporate earnings this week, as companies including streaming giant Netflix, as well as pharmaceuticals firm Johnson & Johnson and consumer goods firm Procter & Gamble, among those due to report on Tuesday.

There are no major economic data releases due out on Tuesday.

Auctions are set to be held for $34 billion of 52-week bills and $40 billion of 42-day bills.

CNBC’s Maggie Fitzgerald contributed to this report.

Products You May Like

Articles You May Like

The Morning Report 11/20
Teddy Sears on Oliver and Josh’s Relationship (Exclusive)
Blue Bloods Season 14 Episode 16 Was Exactly The Show A Divided Country Needs
China’s Tencent sees opportunity in female Honor of Kings mobile gamers
Rahim Redcar Pays Tribute to SOPHIE With New “It’s Okay to Cry” Cover: Listen