Longer-dated U.S. Treasury yields rebounded and Wall Street futures were mixed in early trading Monday, with some investors apparently poised for more Omicron dip-buying after uncertainty over the new variant last week sparked sharp selloffs in risk assets and fueled interest in havens like government securities.
A slightly more upbeat mood was evident early Monday, with 10-year U.S. Treasury yields clawing back some of Friday’s drops that took them below 1.4 percent for the first time since late September. Yields move in the opposite direction to prices.
