U.S. Treasury yields fell on Monday morning as investors monitored omicron developments and the Federal Reserve's December policy meeting.
No major economic data releases are due out on Monday.
Investor focus will likely be on the Fed's latest two-day policy meeting, which kicks off on Tuesday. After the meeting wraps up on Wednesday, the Fed is expected to announce that it will speed up the pace of tapering its asset purchasing program." on Monday that despite the Fed's discussion of speeding up tapering, he believed there was a lot of "pre-emptive and premature noise" around raising interest rates.
"I still see inflation as transitory, even as the Fed has dropped the wording from its statements," he said. Auctions are due to be held on Monday for $57 billion of 13-week bills and $51 billion of 26-week bills.
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