USA Treasury yields search for direction after the long weekend

USA Treasury yields saw minimal movement early on Monday after the extended Easter weekend, with the 10-year yield remaining flat while the 2-year yield dipped slightly. Investors are responding to the latest data on inflation, which indicates that the Federal Reserve may delay interest rate cuts. Analysts have varying opinions on the Fed’s future actions, with some forecasting no rate cuts this year and others anticipating more decisive measures. This week’s market focus will be on USA Treasury auctions, ISM manufacturing data, construction spending figures, and the upcoming March jobs…