Rates on U.S. government debt mostly fell Monday morning as a mild risk-off mood boosted demand for 1-year to 30-year government paper ahead of key U.S. economic data later in the week.However, the yields on 2- and 3-month Treasury bills jumped either toward or above 5% as traders positioned for the possibility of two more rate hikes by the Federal Reserve in May and June.
What’s happening
What’s driving markets
Lingering concern about waning economic growth was one of the main factors sending investors into…
