Stocks surged on Monday as concerns over the UK's exit from the European Union receded.
The S&P 500 rose 0.6 percent, the STOXX Europe 600 surged 3.6 percent and the Nikkei 225 jumped 2.3 percent.
The yield on the 10-year US Treasury note rose to 1.670 percent from 1.616 percent on Friday.
“It’s a reassessment of risk, clear and simple,” said Tom Carter, managing director at JonesTrading.
Indeed, Bryan Rich thinks that a UK exit from the EU is “not going to happen” and “that should clear the way for broad global stock market rallies and a sharp bounce back in yields”.