Bond yields were holding steady on Monday as investors awaited fresh economic data, after a strong employment print Friday.
Yields on 10-year U.S. Treasurys — the main benchmark for mortgages, auto loans and credit card debt — were flat at 4.8635%.
The yield on 30-year U.S. Treasurys — which often moves on geopolitical developments — was unchanged at 5.2613%.
The yield on the 2-year Treasury note, which more closely follows short-term Federal Reserve rate decisions, was also unchanged at 4.5301%.
One basis point equals 0.01%, or 1/100th of 1%, and yields and prices move inversely to one another.
Traders are looking ahead to key inflation data, expected on Tuesday, for more insights into the domestic economic landscape.
Consensus forecasts are expected to show a rise in October's annual consumer price index to 3.9%, up from 3.7% in September, according to Trading Economics. October's core CPI, which strips out often-volatile food and energy costs, is also expected to print higher, at 2.8%, up from 2.6% in September.
The latest U.S. product price index report, which often provides an early read on consumer inflation, is due later in the week.
The data follows a stronger-than-expected U.S. employment picture last week, which sent Treasury yields higher during Friday's session. The monthly non-farm payrolls report showed an increase of 165,000 jobs in October, far outweighing the 59,000 expected by economists, while the unemployment rate dipped to 4.1%.
Meanwhile, energy prices moved lower in early trade. West Texas Intermediate futures for December delivery slipped 1.2% to $89.70 per barrel, after President Donald Trump said fresh Iran attacks were "highly unlikely" as talks aimed at resolving the Middle East conflict continue.
