US Treasury yields held steady in early trading as market participants positioned themselves for a consequential week of economic data.
The focus remains squarely on the upcoming release of US consumer price inflation figures, which are expected to provide critical insight into the Federal Reserve's near-term policy trajectory.
The Bureau of Labor Statistics is scheduled to publish the CPI data on Wednesday, a release that Wall Street consensus views as a key determinant for rate expectations.
Traders are closely monitoring the print for any signs of persistent inflationary pressure or cooling trends that could influence the central bank's stance.
In the broader market context, investors are also preparing for a slate of corporate earnings reports that will follow the macro data.
The combination of inflation metrics and corporate performance will likely drive volatility across equity and fixed-income markets in the coming days.