Treasury yields rise Monday in a shortened trading day.
Yields and prices move in opposite directions. One basis point equals 0.01%.Investors are awaiting a number of economic data points this week, including ISM's manufacturing purchasing managers' index for June on Monday. Several key labor market reports and the minutes from the Fed's last meeting are also due throughout the week.
Markets will close early Monday and be closed Tuesday for the Independence Day holiday.before inflation was back in the central bank's 2% target range.are likely and suggested that they may even be implemented at consecutive policy meetings depending on upcoming data.. It rose by 0.3% in May, which was in line with expectations by economists surveyed by Dow Jones, and by 4.6% compared to a year ago, just below the predicted 4.7%.
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