US Treasury yields steady as investors await large Treasury auctions, inflation data
This week the Treasury Department will auction $34 billion of three‐year notes, $26 billion of 10‐year notes (a record, per BMO Capital Markets), and $18 billion of 30‐year bonds. Inflation data in the form of producer prices and consumer prices are expected Thursday and Friday, receptively. The Department of Labor said Friday that total nonfarm payrolls increased by 157,000 for the month.