Treasury yields tick higher on building optimism for tax bill

• December 18, 2017
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance, The Real Estate Life, Updates

Treasury prices fell, pushing yields higher, on Monday on mounting expectations that Congress will pass tax-cut legislation this week.

The 10-year Treasury note yield rose to 2.371%, up from 2.353% on late Friday. The 2-year note yield edged higher to 1.848%, from 1.840%. The 30-year bond yield rose to 2.702%, versus 2.685%.

Bond prices move in the opposite direction of yields.