U.S. Treasuries weaker influenced by rising oil prices that reflected renewed hostilities between the U.S. and Iran.
Separately, inflation worries were in the mix after the USTR proposed an added tariff of 10.0% to 12.5% for as many as 60 countries, including China, Japan, and those in the European Union, for using forced labor to make goods for export.
Most PMIs were better than expected in Europe but still below the 50.0 mark, which is the line between expansion (above) and contraction (below).
The U.S. Dollar Index is up 0.1% to 99.31.
Yields
2-yr: +3 bps to 4.08%
3-yr: +3 bps to 4.12%
5-yr: +3 bps to 4.21%
10-yr: +4 bps to 4.49%
30-yr: +2 bps to 4.99%