Ekonomické zprávy
08.11.2021

U.S. Treasury yields start the week higher

CNBC reports that U.S. Treasury yields rose on Monday, with investor attention turning to inflation data.

The yield on the benchmark 10-year Treasury note climbed 3 basis points to 1.487%. The yield on the 30-year Treasury bond added 2 basis points, at 1.914. 

Investors will now be focused on the October inflation reading, due out on Wednesday morning.

Both jobs and inflation data are being used by the Federal Reserve to guide its timeline on normalizing monetary policy. 

There are no major data releases due out on Monday but a number of Fed officials are scheduled to make speeches.

Fed Vice Chair Richard Clarida is set to discuss flexible average inflation targeting and prospects for U.S. monetary policy at 14:00 GMT.

Fed Chair Jerome Powell is then due to give the opening remarks at the Federal Reserve Board’s Gender and Economy Conference, at 15:30 GMT.

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