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U.S. Treasury yields inched lower on Monday as investors anticipated a packed week of delayed economic data releases.

At 4:55 a.m. ET, the 10-year Treasury

yield was more than 2 basis points lower at 4.125%. The 2-year note yield was one basis point lower at 3.598%. The 30-year bond yield declined 2 basis points to 4.726%.

One basis point equals 0.01% and yields and prices move in opposite directions.