U.S. Treasury yields rise, driven by the long-end of the curve, causing the yield curve to steepen. Markets await Wednesday's release of the minutes of the Federal Reserve's June meeting, while Tuesday's data calendar is thin. Besides, investors are keeping an eye on how the fragile Middle East ceasefire is being implemented, with the market's focus on how the oil market is physically slowly recovering, SEB economist Marcus Widen says in a note. The two-year Treasury yield rises 0.8 basis points to 4.131%, while the 10-year yield is up 2 basis points at 4.498%, according to Tradeweb. (emese.bartha@wsj.com)
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U.S. Treasury Yields Rise, Curve Steepens Slightly — Market Talk
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U.S. Treasury yields rise, driven by the long-end of the curve, causing the yield curve to steepen. Markets await Wednesday's release of the minutes of the Federal Reserve's June meeting, while Tuesday's data calendar is thin. Besides, investors are keeping an eye on how the fragile Middle East cea…