U.S. Treasury yields dipped on Monday morning, with the 10-year falling to around 1.27%.
In terms of data due out on Monday, the National Association of Home Builders is set to release its latest survey results at 10 a.m. ET, giving consumers a glimpse into sentiment across the housing market. Economists polled by Dow Jones expect the reading to be unchanged from the prior month at 81. Anything above 50 is considered positive sentiment.
Auctions are due to be held on Monday for $54 billion of 13-week bills and $51 billion of 26-week bills.
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