Treasury yields are falling in the focus of the Fed meeting

U.S. Treasury yields fell on Monday morning, and investors ’attention was focused on the Federal Reserve’s two-day monetary policy meeting this week.

Yield at reference value A ten-year bill fell 5 basis points to 1.233% at 3:30 a.m. Eastern Time. Yield on 30-year treasury bond dipped 5 basis points to 1.872%. Yields are the opposite of prices.

The two-day meeting of the Federal Open Market Committee is set to begin on Tuesday, with a policy statement issued Wednesday afternoon.

On Monday, the U.S. Department of Housing and Urban Development will release new data on home sales at 10 a.m. CET. The Dallas Federal Reserve Bank will then release its monthly index of business activity for manufacturing in Texas at 10:30 a.m. CET.

Auctions are scheduled to take place Monday for $ 54 billion in 13-week bills, $ 51 billion in 26-week bills and $ 60 billion in two-year bills.

– CNBC’s Tanaya Macheel contributed to this market report.