U.S. Treasury yields: investors cheer end of government shutdown

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U.S. Treasury yields rose on Thursday as investors welcomed the end of the longest government shutdown in U.S. history.

The 10-year Treasury yield gained 4 basis points to 4.119%. The 2-year note yield was also up more than 2 basis points at 3.595%, while the 30-year bond yield climbed 5 basis points to 4.712%.

One basis point is equal to 0.01% and yields and prices move in opposite directions.

Late on Wednesday, President Donald Trump signed into law a funding bill to end the U.S. government shutdown, which lasted a total of 43 days. The measure was passed by the House of Representatives on Wednesday night in a 222-209 vote.

"Republicans never wanted a shutdown," Trump said. "People w