(CNBC) U.S. Treasury yields rose slightly on Monday, as investors grew concerned that that omicron Covid variant will derail the recovery.
The yield on the benchmark 10-year Treasury note rose 2.6 basis points to 1.428% at around 4:30 p.m. ET. The yield on the 30-year Treasury bond moved 3.7 basis points higher to 1.854%. Yields move inversely to prices and 1 basis point is equal to 0.01%.
