Treasury yields edge lower as Fed hike bets rise, German Bund hits 15-year high

  • U.S. Treasury yields fell slightly while German Bund yields reached a new 15-year high.
  • 10-year German Bund yields hit another 15-year high on Monday.
  • Friday’s inflation and recent jobs data strengthened expectations for Wednesday’s Federal Reserve rate decision.

U.S. Treasury yields slipped slightly Monday but stayed near recent multiyear highs, while the 10-year German Bund yield reached another 15-year peak. Markets increasingly priced in a possible Federal Reserve rate hike this week after Friday’s strong U.S. consumer-price inflation data, with recent employment figures also coming in well above expectations.

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