But pressure continued on the shorter end of the curve, where the yield on 3-month T-bills finished at 4.43%, compared to 4.23% late Friday.
The rising yields on short-term notes suggest some of last week's credit woes might be abating, as investors move out of short-term risk-free assets. But the fact that the yield remains below the Federal Reserve's funds target of 5.25% shows that caution remains.
Here's a chart from Stockcharts:
