[U.S. Treasury Yields Rise to Over Two-Month High, Multiple Treasury Auctions Scheduled This Week]
U.S. Treasury yields have risen to their highest levels in over two months, with an overall increase of 3 to 6 basis points. The U.S. Treasury Department will issue $58 billion in 3-year Treasury notes at 1:00 PM New York time, followed by $39 billion in 10-year Treasury notes on Tuesday and $22 billion in 30-year Treasury bonds on Thursday. Traders estimate a roughly 90% probability that the Federal Reserve will cut interest rates by 25 basis points for the third consecutive time. Market participants will analyze the "dot plot" to interpret officials' outlook for 2026.