Treasury yields decline amid light economic calendar

US bond yields continue to decline amid the absence of key economic data, leading to the continuation of factors that had led last week to a decline in dollar assets, most notably employment data.

There are also speculations for inflation data; the CPI and PPI data in the United States, as investors seek signals that either reinforce the view that the Federal Reserve may wait a long time before starting to cut interest rates. There is also a possibility that the expected data will indicate that inflation has begun to stabilize and may not return to any sharp increases.

Yields on US government bonds fell during the first day of the new trading week. Ten-year US Treasury bond yields fell to 4.478% compared to the last daily close, which recorded 4.502%.

These returns rose to their highest level on the current trading day at 4.502%, compared to the lowest level recorded at 4.451%.