10-year Treasury yield are higher as traders look past inflation data, await jobs report - CNBC

Treasury yields wavered as traders weighed lighter-than-expected U.S. inflation data for August as they awaited the September jobs report due later in the week. The 2-year Treasury note yield was last little changed at 4.887%, while the 10-year Treasury yield was nearly 4 basis points higher at 5.293%, recovering after a brief pullback earlier in the session. The benchmark yield traded near 2007 highs. The 30-year Treasury bond was up 5 basis points at 5.644%, or around its highest level since 2002. One basis point equals 0.01%, and yields and prices move in opposite directions.