U.S. Treasury yields rose on Monday morning, with investors focusing on the Federal Reserve's annual central banking event, due to be held later in the week.
"I think that Chairman Jerome Powell is going to step lightly as he did after the last minutes were said and say that "there is potential, we're looking further, we're data-oriented", all the sorts of things that come into Fed speak," Prins said.
"But in terms of actual taper announcement and a specific timing, I don't think that this particular Jackson Hole episode is the time or the place, and I think the Fed's going to be cognizant of this because of the virtual globality really of it," she added. In terms of data due out on Monday, the Chicago Fed will release its July national economic activity index at 8:30 a.m. ET.
Markit is then set to release its purchasing managers' index flash readings for August at 9:45 a.m. ET.Auctions are scheduled to be held on Monday for $51 billion of 13-week bills and $48 billion of 26-week bills.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Julia Michaels shares pic showing off armpit hair: 'Fed up with beauty standards'The 27-year-old singer and songwriter is taking issue with society's beauty ideals.
Leer más »
Opinion: The Fed should raise rates to 5% to quench overheating economy, Taylor rule saysOPINION: With inflation already running hot, the Fed is playing with fire, economist John Taylor argues.
Leer más »
PayPal launches its cryptocurrency service in the UKPayPal will let British customers buy, hold and sell digital currencies, starting this week.
Leer más »
Stock futures are flat in overnight trading after a losing weekMajor averages were coming off a losing week as investors grew worried that the Fed's potential move to taper stimulus could slow down the economic recovery.
Leer más »