U.S. government debt prices were higher Monday morning, as investors monitored escalating geopolitical tensions in the Middle East.
on Sunday, shortly after Baghdad called for American and foreign troops to leave the country.
Last week, Iran's General Qasem Soleimani, who led a special forces unit of the Islamic Republic's elite Revolutionary Guards,It has ratcheted up already-high tensions between the U.S. and Iran, with market participants increasingly concerned about the prospect of retaliatory action. Trump has warned Iran that the U.S. would strike back if Tehran's military forces attacked any American person or target, saying Washington could do so "On the data front, a final reading of Services Purchasing Managers' Index for December will be released at 9:45 a.m. ET.
The U.S. Treasury is set to auction $42 billion in 13-week bills and $36 billion in 26-week bills on Monday.
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