U.S. government-bond yields rose ahead of the Treasury Department’s announcement about how it will finance burgeoning deficits as the coronavirus pandemic upends the U.S. fiscal outlook. The yield on the benchmark 10-year Treasury note climbed to 0.656% compared with 0.636% on Monday, according to Tradeweb. The yield on the 30-year bond increased to 1.33% from 1.296%.

Source: Wall Street Journal May 05, 2020 19:18 UTC