Svmuu News: According to Gate data, the U.S. Dollar Index is currently up 0.2%. The yield on the 10-year U.S. Treasury note stands at 4.459%, higher than last Thursday’s closing yield of 4.447%. The yield on the 2-year U.S. Treasury note fell from 4.130% to 4.108%.
As U.S. markets reopened after the holiday, with no Middle East peace agreement yet reached and last week’s labor market data proving disappointing, U.S. Treasury yields were mixed, while the dollar edged higher. Meanwhile, oil prices fell after OPEC+ agreed to increase production. The minutes from the Federal Reserve’s meeting are scheduled for release on Wednesday, and this week is relatively quiet in terms of economic data.