On Monday, U.S. Treasury yields fell, with the benchmark 10-year yield down nearly 2 basis points to 4.459%, and the 2-year note declining over 1 basis point to 4.112%. The 30-year bond also saw a slight decrease, yielding 4.969%.
This movement comes as investors prepare for the FOMC meeting minutes from June, which will provide insights into the Federal Reserve's recent monetary policy under new Chairman Kevin Warsh. Additionally, the upcoming NATO Summit in Turkey, attended by U.S. President Donald Trump, is expected to address key issues such as defense spending and support for Ukraine.
The bond market was closed for Independence Day on July 3, and the upcoming economic data releases, including jobless claims and home sales, will further shape investor sentiment