US Treasury bond yields are showing a slight decline, while market participants continue to monitor the development of the situation with the Omicron coronavirus strain.
The yield on 10-year Treasury bonds fell by 1.8 basis points, reaching 1.4525%, while the yield on 30-year bonds was 1.943% (-1.1 basis points).
According to Johns Hopkins University, more than 4.5 million cases of Covid have been confirmed in the US since the beginning of December, up from 2.54 million in November. The average number of diseases in 7 days was 260 133 29 cases (+260% compared to the previous 7-day period).
However, investor sentiment in recent days has been supported by signs that the Omicron variant, although it has led to an increase in the number of cases of the disease to a record high in many countries, has not caused new widespread blockages.
U.S. health authorities on Monday reduced the recommended isolation time for Americans with asymptomatic cases of COVID-19 to five days, compared with previous recommendations of 10 days.
As for the US data, a report on initial applications for unemployment benefits will be released at 13:30 GMT (forecast: 208 thousand compared to 205 thousand a week earlier), and at 14:45 GMT the Chicago purchasing managers index for December will be presented (economists expect an increase to 62.0 from 61.8 in November).