U.S. Treasury yields rose on Monday morning, with investor attention turning to inflation data, due out later in the week.
added 1 basis point, at 1.8999%. Yields move inversely to prices and 1 basis point is equal to 0.01%.It comes after Treasury yields fell on Friday, despite a strong October jobs report. The U.S. Labor Department reported thatInvestors will now be focused on the October inflation reading, due out on Wednesday morning.
There are no major data releases due out on Monday but a number of Fed officials are scheduled to make speeches. Fed Chair Jerome Powell is then due to give the opening remarks at the Federal Reserve Board's Gender and Economy Conference, at 10:30 a.m. ET.
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