Early Bonds: U.S. Treasuries lower with shorter tenors expected to lead the early weakness after they were also at the forefront of Friday’s selling.
The start of the new week is once again underscored by low volume, due to a bank holiday in the United Kingdom.
Crude oil is building on its bounce from late last week while the U.S. Dollar Index is down 0.2% at 101.04.
The Federal Reserve will release its latest Senior Loan Officer Opinion Survey this afternoon.
Yield:
2-yr: +5 bps to 3.96%
3-yr: +4 bps to 3.69%
5-yr: +4 bps to 3.46%
10-yr: +3 bps to 3.48%
30-yr: +4 bps to 3.80%