U.S. Treasury yields were little changed on Monday as investors looked ahead to fresh economic data and comments from Federal Reserve officials slated for the week.
At 3:40 a.m. ET, the yield on the 10-year Treasury yield was at 4.4179% after falling by less than one basis point. The 2-year Treasury yield was last up by less than one basis point to 4.8180%.
Yields and prices move in opposite directions. One basis point equals 0.01%.
Investors awaited the latest economic data and comments from Federal Reserve officials as they weighed the state of the economy and the outlook for interest rates.
Existing as well as new home sales data is due this week, as are durable goods orders figures. Minutes from the Fed’s latest meeting will also be published, which investors will be parsing through for fresh insights into the central bank’s thinking about the economy and monetary policy.
The Fed left interest rates unchanged at its last meeting, and…
