U.S. 10-year Treasury yields rose Monday as investors reacted to trade tensions surrounding the expiration of a 90-day tariff reprieve, with tariffs set to revert to April levels this week.

President Trump also threatened new 10% tariffs on countries supporting “Anti-American policies” of the BRICS group.

Treasury Secretary Scott Bessent hinted at several upcoming trade announcements, CNBC has reported.

BRICS leaders condemned Trump’s tariff actions as unjustified protectionism.

Written by B.C. Begley