Treasuriesare marginally higher across the curve this morning from Friday'sclose. The UST10-Year yield is currently at 2.321% after closing at 2.333% during the prior session.
The Treasury Department is set to carry forward with auctions this week that include issuance of $24 Billion 3-Year notes on Tuesday, $23 Billion 10-Year noteson Wednesday, and $15 Billion 30-Yearbondson Thursday.
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Today's session opened with markets still coupling with unchanged rates and the Fed chair appointment from last week. The economic calendar for the week is light which includes job openings and consumer credit on Tuesday, MBA mortgage applications on Wednesday, jobless claims and wholesale inventories on Thursday, and finally, consumer sentiment index on Friday.
The Treasury Department is set to carry forward with auctions this week that include issuance of $24 Billion 3-Year notes on Tuesday, $23 Billion 10-Year notes on Wednesday, and $15 Billion 30-Year bonds on Thursday.
The curve has bull-flattened with the UST 10-Year yield down 1.2 bps from prior closing.