Authorities bond yields fall originally of the week

US Treasury bond yields fell Monday morning and little economic data was released earlier in the week.

The benchmark 10-year Treasury note yield fell to 1.617%. The yield on the 30-year government bond fell to 2.315%. The returns move inversely to the prices.

The April Chicago National Activity Index, which tracks macroeconomic activity and related inflationary pressures, is released at 8:30 a.m. CET.

Federal Reserve Governor Lael Brainard will be speaking on digital currencies at the Consensus by CoinDesk Cryptocurrency and Blockchain conference at 9:00 a.m. ET.

However, investor focus this week will be on April’s personal consumption expenditure index as a measure of inflation expected on Friday. Rising inflation has been a problem for markets, fears it might force the Fed to tighten its loose monetary policy.

Auctions are scheduled to take place on Monday for 13-week bills worth $ 57 billion and 26-week bills worth $ 54 billion.

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