US Treasury yields rise ahead of fresh data, auctions

Yields took a brief pause in momentum on Monday to tick slightly lower, after the 10-year note had posted its biggest weekly climb since April on the back of stronger-than-expected inflation figures. The U.S. consumer price index rose by more than expected last month, with the core CPI posting its biggest gain in 18 months.

Along with earnings reports for a slew of America's largest corporations, investors stateside will also have an eye on industrial production data year-on-year for June, set for release at 9:15 a.m. ET. Federal Reserve Chair Jerome Powell will deliver a keynote speech at 1:00 p.m. ET Tuesday at the Bretton Woods 75 Years event in Paris, France.

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Treasury's Mnuchin says deal to raise U.S. debt ceiling getting closeU.S. Treasury Secretary Steven Mnuchin said on Monday the Trump administration a... Ahh, the party of fiscal responsibility. Every time I see Mnuchin speak I am reminded that they put peanut butter in Mr Ed’s mouth to make it look like he was talking. Time to in-slave some more unborn with debt.
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