Yields climbed last week after Germany unveiled plans to increase debt issuance and following policy decisions from the Federal Reserve and the Bank of England.
This week’s U.S. data will be in focus, particularly Friday’s release of the personal consumption expenditures (PCE) price index, a key input for shaping expectations on the Fed’s next policy steps.
A string of Fed policymakers are also scheduled to speak in the coming days, while the Swiss National Bank meets on Thursday, with markets betting it will keep its benchmark rate unchanged at 0%.
Germany’s 10-year bond yield, the benchmark for the euro zone, was up 1 basis point at 2.7590%, while the U.S. 10-year Treasury yield was at 4.1389%.
There will be around 30 billion euros ($35.26…
