FX.co ★ US 10-Year Yield Holds Advance

The yield on the U.S. 10-year Treasury note remained steady at approximately 4.5% on Monday, continuing its recent upward trend as investors prepared for a week rich in significant economic data and trade developments. The market's attention is primarily on the resumption of U.S.-China trade discussions, with President Donald Trump announcing that representatives from both countries will convene in London later today. Economically, the spotlight is on upcoming key inflation data, with the Consumer Price Index (CPI) scheduled for release on Wednesday, followed by the Producer Price Index (PPI) on Friday. These reports are anticipated to shed light on how tariffs are affecting inflation and the broader economic landscape. Additionally, a consumer sentiment update from the University of Michigan is slated for Friday. Treasury yields surged last Friday in response to the May jobs report, which presented headline employment figures that slightly surpassed expectations. Nonetheless, underlying metrics—including private-sector hiring, jobless claims, and service sector activity—indicated ongoing economic challenges.