US yields rise as ISM US factory index falls less than forecast

NEW YORK: US Treasury yields climbed from their session lows on Monday as a gauge of domestic factory activity declined less than forecast in June, reducing anxiety about a sharp pullback of the longest US economic expansion on record.

At 10:04 a.m. (1404 GMT), benchmark 10-year Treasury yields were up 1.70 basis points at 2.017%, while two-year Treasury yields were up 3.60 basis points at 1.777%.