Traders work on the floor of the New York Stock Exchange (NYSE) on September 16, 2026 in New York City, USA.
Gina Moon | Reuters
U.S. Treasury yields fell on Monday as lower oil prices eased global government borrowing costs.
Benchmark yield 10 year treasury The note fell more than 3 basis points to 4.957% after hitting a 19-year high of 5.041% last week.
of 2 years treasury Bond yields fell more than 2 basis points to 4.718%. of 30 year treasury Bond yields fell more than 3 basis points to 5.293%.
One basis point equals 0.01%, and yields and prices move in opposite directions.
European bond yields are the benchmark for the euro area, German Bundesbond 10 Years – and British 10 Year Old Silver Coin Each decreased by 5 basis points. The Japanese market, a global benchmark, is normally closed on Mondays.
Despite continued hostilities in the Middle East, falling oil prices boosted sentiment and boosted stock markets. Diplomacy will be at the top of the agenda this week as world leaders head to the United Nations General Assembly, while Washington ramps up pressure on Tehran to strike a deal to free trade flows through the Strait of Hormuz.
Investors are also still digesting last week’s quarter-point interest rate hike by the Federal Reserve and are assessing whether more rate hikes will follow before the end of the year.
The European Central Bank also raised euro zone interest rates this month, but the Bank of England opted to leave them unchanged at a meeting last week.
Data to be released this week will include Wednesday’s S&P World Purchasing Managers’ Business Index and Thursday’s new jobless claims, as well as speeches from New York Fed President Williams, Richmond Fed President Tom Barkin and other central bank officials.
