The yield of US Treasury bonds is showing a decline, while investors are waiting for the publication of the minutes of the Fed meeting (at 19:00 GMT).
The yield on 10-year Treasury bonds declined by 2.2 basis points, reaching 1.644%, while the yield on 30-year bonds was 2.044% (-3.4 basis points).
The minutes of the Fed's December meeting will be closely watched by investors in search of clues about the pace of tightening of the Fed's monetary policy. Fed policymakers said at the December meeting that they would accelerate the pace of reducing asset purchases and signaled the possibility of three rate hikes in 2022.
Meanwhile, economists note that market participants have already taken into account these rate increases in pricing, partly due to rising consumer inflation, which is at its highest level in 39 years.
The focus of attention today will also be on employment data from ADP for December (released at 13:15 GMT), which may affect the prospects for tightening the Fed's policy. It is expected that employment increased by 438 thousand after an increase of 534 thousand in November.
In addition, at 14:45 GMT, Markit's PMI Services for December will be released. Economists expect the index to decline to 57.5 from 58.0 in November.