U.S. Treasuries sit on their lows after sliding from their opening levels.
Treasuries opened near their unchanged levels but began facing pressure from the start. Issues in the belly of the curve have been at the forefront of the selling, though only the 10-yr yield has hit a fresh high for the year so far today as it nears its high from 2022 (4.333%).
Equities started the day on a soft note, but they have been rising off their lows with the S&P 500 (+0.2%) and Nasdaq (+0.3%) turning positive in recent action.
Yield:
2-yr: +10 bps to 4.96%
3-yr: +9 bps to 4.65%
5-yr: +6 bps to 4.37%
10-yr: +3 bps to 4.20%
30-yr: +2 bps to 4.29%