U.S. Treasury yields rose on Monday as investors geared up for a big week of corporate earnings and a key policy decision from the Federal Reserve.
was roughly flat at 2.9930%, maintaining the inversion of the closely watched 2-year/10-year yield curve that markets often interpret as a signal of an impending recession.
The Fed is attempting to reel in inflation while navigating a backdrop of slowing growth, as evidenced by a slew of weaker-than-expected data on business activity and jobs published last week.
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