U.S. Treasury bonds declined Monday as President Trump’s uncertain tariff policies continued to unsettle markets.
The 10-year Treasury yield rose to 4.44%, while longer-term bonds saw the biggest losses. Trump announced increases to steel and aluminum tariffs from 25% to 50% and accused China of violating trade agreements.
The uncertainty is making investors reluctant to buy long-term government bonds.
Markets are now awaiting key economic data this week, including manufacturing figures on Monday and employment data on Friday.