US Treasury bond yields rose slightly, as investors continue to evaluate yesterday's US inflation report.
The yield on 10-year Treasury bonds rose by 2.7 basis points, reaching 1.752%, while the yield on 30-year bonds was 2.096% (+2.3 basis points).
The data showed that in December the consumer price index increased by 0.5% compared to November and by 7% per annum. Economists had expected prices to rise by 0.4% over the month and by 7% year-on-year.
Meanwhile, the report on the producer price index, which will be released at 13:30 GMT, will be in the focus of investors' attention today. It is expected that in December the PPI increased by 0.4% compared to November and by 9.8% per annum.
Also at 13:30 GMT, a report on the number of initial applications for unemployment benefits will be released, which is likely to reflect a decrease in applications to 200 thousand compared to 207 thousand a week earlier.
Also, at 15:00 GMT Fed Governor Lael Brainard is due to testify before the Senate for her nomination hearing to the role of the Fed's vice chair.