Minneapolis Fed President Neel Kashkari (FOMC voter) said in a CNBC interview that it’s a close call between raising rates in June or skipping a meeting, adding that if the Fed skips in June, it does not mean the tightening cycle is over.
Treasury yields are little changed from Friday’s settlement levels.
The 2-yr note yield is down two basis points to 4.26% and the 10-yr note yield is down two basis points to 3.67%.