U.S. government debt prices were lower Monday morning, as investors prepared for comments from Federal Reserve Chairman Jerome Powell.
At around 03:40 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 2.4015, while the yield on the 30-year Treasury bond was also higher at around 2.8307.
Fed Chair Jerome Powell, Philadelphia Fed President Patrick Harker and Vice Chair Richard Clarida are all set to comment on the world's largest economy at separate events on Monday.
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