Investors continued to dump government bonds on Monday amid concerns that a Donald Trump presidency will lead to higher interest rates and inflation. The yield on the benchmark 10-year Treasury note reached a high of 2.301% Monday, up from 2.118% on Thursday. U.S. government bond markets were shut Friday. Treasury yields, which rise as prices fall, are hovering around their highest level since last December after recording their...
Source: Wall Street Journal November 14, 2016 09:13 UTC