U.S. Treasury yields edged slightly higher on Monday, with the 10-year yield reaching 5.2087% and the 2-year yield climbing to 4.9056%. This rise occurred amid broad pressure on global government bonds, as yields also increased in the United Kingdom, Germany, France and Japan. Oil prices advanced as well, with West Texas Intermediate crude gaining nearly 2% to settle at $94.19 per barrel. The previous week had been volatile, with the 10-year yield hitting its highest level since June 2007. Investors are awaiting several major U.S. economic indicators this week, including nonfarm payrolls data and the unemployment rate.
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