U.S. government bond yields edged lower earlier this week, with both 10-year and 30-year yields falling by 1 basis point. This followed last week's weaker-than-expected non-farm payrolls report, which dampened market expectations for a Federal Reserve rate hike. Traders now estimate the probability of a Fed rate hike at its September meeting to be approximately 44%, down from 67% a week ago. Investors are closely monitoring key economic data to be released this week, including July core inflation data due on Wednesday at 8:30 AM ET, Thursday's Producer Price Index, and Friday's July retail sales data.