10-year Treasury yield rises as investors weigh Trump’s criticism of Powell

The yield on the 10-year U.S. Treasury note rose Monday as investors weighed concerns over tariffs and comments by President Donald Trump criticizing Federal Reserve Chair Jerome Powell. The benchmark 10-year Treasury yield was 8 basis points higher at 4.401%. The 2-year Treasury yield was 1 basis point lower to 3.788%. One basis point is equal to 0.01%. Yields and prices move in opposite directions. The moves come after Trump on Friday levied another salvo at Powell for not lowering interest rates. The president vocalized his discontent with the Fed chair’s economic policy leadership during a question-and-answer session with reporters....