Authorities bond yields fall because the Fed’s minutes take heart stage

US Treasury bond yields fell Monday morning, with investors focused on minutes of the Federal Reserve’s final meeting due to be released on Wednesday.

The benchmark ten-year government bond yield fell 3 basis points to 1.263% at 3:55 a.m. ET. The yield on the 30-year government bond fell almost 3 basis points to 1.921%. The returns move in the opposite direction to the prices and one basis point corresponds to 0.01%.

Treasury bond yields fell sharply on Friday after data showed US consumer confidence fell to its lowest level since 2011 in August.

Investors’ focus this week is likely to be on the latest minutes of the Fed meeting as they look for clues as to when the central bank might cut back on its bond purchases.

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There are no major data releases on Monday.

Auctions for $ 51 billion on 13-week notes and over $ 48 billion on 26-week notes are due to take place on Monday.

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