{"id":117898,"date":"2026-05-04T12:38:01","date_gmt":"2026-05-04T12:38:01","guid":{"rendered":"https:\/\/christiancorner.us\/index.php\/2026\/05\/04\/treasury-yields-rise-as-traders-look-to-factory-data-and-middle-east-developments\/"},"modified":"2026-05-04T12:39:17","modified_gmt":"2026-05-04T12:39:17","slug":"treasury-yields-rise-as-traders-look-to-factory-data-and-middle-east-developments","status":"publish","type":"post","link":"https:\/\/christiancorner.us\/index.php\/2026\/05\/04\/treasury-yields-rise-as-traders-look-to-factory-data-and-middle-east-developments\/","title":{"rendered":"Treasury yields rise as traders look to factory data and Middle East developments"},"content":{"rendered":"<p>\n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div class=\"group\">\n<p>US Treasury yields rose on Monday as traders awaited more data on US factory activity and events in the Middle East continued to weigh on borrowing costs.<\/p>\n<p> <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-1\">10 year treasure<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>  The yield \u2013 the benchmark for U.S. government borrowing \u2013 was up 1 basis point in early trading, at 4.3979% as of 5:10 a.m. ET.<\/p>\n<p>Meanwhile, yields on <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-2\">2 year treasury<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>    The notes, which are typically more sensitive to short-term Federal Reserve rate decisions, rose more than 2 basis points to 3.9107%. yields on <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-3\">30 year note<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>    Rising by more than 1 basis point to 4.9792%.<\/p>\n<p>One basis point is equal to 0.01%, or 1\/100th of 1%, and yields and prices move opposite to each other.<\/p>\n<\/div>\n<div class=\"group\">\n<p>The rise in borrowing costs came as events in the Middle East came back into the spotlight on Monday.<\/p>\n<p>President Donald Trump announced plans to &#8220;guide&#8221; commercial ships not involved in the conflict through the Strait of Hormuz shipping channel, vital to US forces. This could potentially include a mix of land- and sea-based aircraft, missile destroyers and 15,000 troops in an initiative called \u201cProject Freedom.\u201d<\/p>\n<p>Oil prices increased <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-4\">West Texas Intermediate<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span>    It rose 0.9% to $102.83 a barrel in early trading.<\/p>\n<p>Following the announcement, Iran&#8217;s Foreign Ministry said in a statement that it was prepared to &#8220;respond to US threats&#8221; in the waterway.<\/p>\n<p>US factory orders data is expected to show a surge in demand for manufactured goods in March. Trading Economics&#8217; consensus estimate shows a 0.5% increase for the month from February&#8217;s total of $619.6 billion.<\/p>\n<p>Factory activity, as measured by the Institute for Supply Management&#8217;s April manufacturing index, came in at 52.7 on Friday, unchanged from March and slightly below economists&#8217; estimate of 53.0. ISM data also showed that prices paid by manufacturers reached their highest level since April 2022. <\/p>\n<p>Later on Monday, Federal Reserve Bank of New York President and CEO John C. Williams will also deliver a speech on monetary policy.<\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\">Choose CNBC as your favorite source on Google and never miss a moment of the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US Treasury yields rose on Monday as traders awaited more data on US factory activity and events in the Middle East continued to weigh on borrowing costs. 10 year treasure The yield \u2013 the benchmark for U.S. government borrowing \u2013 was up 1 basis point in early trading, at 4.3979% as of 5:10 a.m. ET.<\/p>\n","protected":false},"author":1,"featured_media":117899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[2161,23359,1012,5480,1011,416,2746,2660,1426],"class_list":{"0":"post-117898","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bible-news","8":"tag-data","9":"tag-developments","10":"tag-east","11":"tag-factory","12":"tag-middle","13":"tag-rise","14":"tag-traders","15":"tag-treasury","16":"tag-yields"},"_links":{"self":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/117898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/comments?post=117898"}],"version-history":[{"count":1,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/117898\/revisions"}],"predecessor-version":[{"id":117900,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/posts\/117898\/revisions\/117900"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media\/117899"}],"wp:attachment":[{"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/media?parent=117898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/categories?post=117898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/christiancorner.us\/index.php\/wp-json\/wp\/v2\/tags?post=117898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}