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.