Bonds

Treasury yields lower as Trump signals skepticism on border wall deal

U.S. government debt yields slipped on Monday as investors tracked the end of the longest government shutdown in history.

The yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 2.737 percent, while the yield on the 30-year Treasury bond was also lower at 3.048 percent.

Treasurys


President Donald Trump told the Wall Street Journal on Sunday that another government shutdown is "certainly an option," expressing skepticism that Congress would reach a deal to fund the border wall he has requested. His comments followed a bill on Friday to end the 35-day shutdown — the longest in history.

Congress and the Trump administration agreed to reopen the government for three weeks. The government had been shutdown for 35 days — the longest stoppage in U.S. history — as both sides could not agree on funding for a border wall.

The White House will hold a press briefing by Press Secretary Sarah Huckabee Sanders at 3 p.m. ET Monday.