There are no economic releases scheduled for today, however, the remainder of the week we will see data on existing and new home sales, durable goods orders, with 2nd quarter GDP being the finale on Friday. The U.S. Treasury will also auction $102 billion of new debt beginning with $37 billion of 2 year notes on Tuesday, $36 billion of 5 year notes on Wednesday, and $29 billion of 7 year notes on Thursday.
Bond prices continue the decline from Friday with the yield on the 10 year note rising to 2.63%.
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