U.S. Treasury yields were marginally lower on Monday morning as investors continue to monitor the outlook for inflation and the economy.
led the major averages on Wall Street to their biggest weekly losses of the year by the time markets closed Friday.
Stocks sank Friday and Treasury yields jumped following a bigger-than-expected increase in the latest reading forEconomic data and earnings reports from high profile retailers such as Target, Costco, Lowe's and Macy's will be grabbing investors' attention this week. Durable goods orders are due out Monday morning, while consumer confidence and the ISM manufacturing survey are on the slate later in the week.
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