10-year Treasury yield briefly dips below 1.4% over, 30-year trades below 2% as yield curve flattens post-Fed

Yields for benchmark bonds on Monday compress, but were off the lows, as investors continue to position following a Federal Reserve update last week that was interpreted as more inclined to end pandemic-era accommodations sooner than later, even as the central bank views surging pricing pressures as likely to be short-lived.