Treasury yields change little to start a week light in economic indicators, and amid a lull in war-related headlines. Oil prices decline on expected increased supply, likely easing inflation fears. Fed fund futures keep pricing at least one Fed rate hike this year. The ISM purchasing managers index for services providers was slightly lower in June, at 54, roughly in line with WSJ consensus and still in expansionary territory. Investors are likely to scrutinize Fed minutes Wednesday to better understand the central bank's latest hawkish tilt. The 10-year yield rises 0.002 percentage point to 4.479%. The two-year falls 0.006 p.p. to 4.124%. (paulo.trevisani@wsj.com; @ptrevisani)
Dow Jones Newswires
Treasury Yields Little Changed as Markets Wait for Fed Minutes — Market Talk
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Treasury yields change little to start a week light in economic indicators, and amid a lull in war-related headlines. Oil prices decline on expected increased supply, likely easing inflation fears. Fed fund futures keep pricing at least one Fed rate hike this year. The ISM purchasing managers index…