U.S. Markets Overview: Treasurys chart
|US 3-MO||U.S. 3 Month Treasury||2.095||-0.013||0.00|
|US 1-YR||U.S. 1 Year Treasury||1.985||-0.003||0.00|
|US 2-YR||U.S. 2 Year Treasury||1.846||-0.004||0.00|
|US 5-YR||U.S. 5 Year Treasury||1.842||0.008||0.00|
|US 10-YR||U.S. 10 Year Treasury||2.058||0.003||0.00|
|US 30-YR||U.S. 30 Year Treasury||2.579||-0.004||0.00|
Market focus is largely attuned to the Federal Open Markets Committee (FOMC) meeting next week, with markets pricing in a 25 basis point cut to interest rates. The Fed will announce its decision on Wednesday.
U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer are set to resume in-person trade negotiations with China on Tuesday in Shanghai, though there is little hope of a resolution in the immediate future.
Economic data will also be in focus, with June’s personal income, consumer spending and core inflation data due at 8:30 a.m. ET.
The S&P/Case-Shiller house price index for May is due for release at 9:00 a.m. ET, while June’s pending home sales and July consumer confidence figures will be published at 10:00 a.m. The Dallas Fed’s services index is due at 10:30 a.m. ET.