ET, the yield on the 10-year Treasury was up by more than two basis points to 3.9647%.
U.S. Treasury yields were higher on Monday as investors looked ahead to the latest inflation prints and other key economic data slated for the week.
Amid continued uncertainty about the state of the U.S. economy, investors looked ahead to fresh inflation data due this week.
When the Fed met last month, it left rates unchanged, but hinted that a September rate cut was on the table, depending on signals from economic data, both on the inflation and labor market front.
Markets are pricing in a 100% chance of a rate cut from the Fed in September, but traders were last split on the size of the cut, CME Group's FedWatch tool showed.
Organizations:
Treasury, U.S, Federal, Fed
Locations:
U.S