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US Treasury yields dip ahead of Fed remarks

Alexandra Gibbs

After the U.S. Federal Reserve decided to hold fire on raising interest rates last week, traders will be turning their attention to Virginia, where Richmond Fed President Tom Barkin will speak about "Unlocking Our Potential" in Roanoke. Mortgage applications data is due out at 7 a.m. ET ahead of fresh inflation data due out on Thursday and Friday. The yield on the benchmark 10-year Treasury note was a touch lower at around 2.965 percent at 5:35 a.m. ET, while the yield on the 30-year Treasury bond was in the red at 3.113 percent.

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