US Treasury bond yields started the week higher, with an emphasis on inflation data to be released later in the week.
The benchmark 10-year Treasury note yield rose to 1.595% at 4 a.m. ET. The yield on the 30-year government bond rose to 2.30%. The returns move inversely to the prices.
Yields continued to rebound from two-month lows following a far weaker-than-expected job report on Friday. U.S. employers ran 266,000 net payrolls in April, well below the 1 million new hires Dow Jones polled.
No major economic data was released on Monday, although this week investors will likely focus on job data for March tomorrow and inflation data on Wednesday.
Auctions take place on Monday for 13-week and 26-week bills. The amount for the auctions is not immediately available.
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