U.S. Treasury yields were higher on Monday as uncertainty about the path ahead for monetary policy, as well as geopolitical concerns, continued.
. That would allow their impact to unfold, he said, adding that as long as interest rates remain restrictive, they will work to ease inflation and the economy.came in just above expectations, reflecting increases of 0.4% on a monthly basis and 3.7% on an annual basis.rates may not need to be hiked furtherFurther remarks from Fed officials, including Fed Chairman Jerome Powell, are expected throughout the week.
On the data front, investors will get fresh insights into the housing sector and retail sales figures are due Tuesday.and its implications, including for financial markets and the energy sector, continued as Israel is expected to begin a ground offensive into Gaza this week. Hundreds of thousands of Palestinians were aiming to flee northern Gaza over the weekend after Israel's military called for residents to evacuate to the south of the Palestinian territory.
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