U.S. government debt yields rose Monday after the U.S. Senate reached a short-term compromise to fund the government.
The yield on the benchmark 10-year Treasury note was higher at around 2.661 percent at 2:46 p.m. ET, while the yield on the 30-year Treasury bond was higher at 2.927 percent. Bond yields move inversely to prices.
Earlier, the 2-year yield hit a high of 2.082 percent, its highest level since Sept. 29, 2008, when the 2-year yielded as high as 2.128 percent. Meanwhile the 10-year yield hit a high of 2.672 percent, its highest level since Jul. 3, 2014, when it yielded as high as 2.692 percent.