Treasury yields rise slightly to start the first full trading week of October

U.S. Treasury yields kicked off the first full trading week in October slightly higher.

The yield on the benchmark 10-year Treasury note added about 2 basis points, rising to 1.488% shortly after 4:00 p.m. ET. The yield on the 30-year Treasury bond rose less than a basis point to 2.048%. Yields move inversely to prices and 1 basis point is equal to 0.01%.