Treasurys
| TICKER | COMPANY | YIELD | CHANGE |
|---|---|---|---|
| US1M | US 1-month Treasury bonds | 5.408% | +0.023 |
| US3M | 3-month US government bonds | 5.40% | +0.033 |
| US6M | 6-month US government bonds | 5.244% | +0.002 |
| US1Y | US government bonds with a maturity of 1 year | 4.886% | +0.013 |
| US2Y | US Treasury bonds with a 2-year maturity | 4.397% | -0.011 |
| US10Y | 10-year US Treasury bonds | 4.115% | -0.031 |
| US30Y | 30-year US Treasury bonds | 4.321% | -0.033 |
This comes as markets continue to try to gauge when the Federal Reserve will begin cutting interest rates, which will be a crucial factor in how the economy and markets perform this year.
There are two key economic releases scheduled this week: a preliminary fourth-quarter GDP growth number is expected on Thursday and the Commerce Department's closely watched PCE price index for December is scheduled for release on Friday.
Economists surveyed by Dow Jones expect the economy grew 1.7% in the final three months of 2023, the slowest rate since the 0.6% decline in the second quarter of 2022.
The consensus forecast for core PCE prices, which exclude the volatile food and energy components, is for growth of 0.2% for the month and 3% for the full year.
Chicago Fed President Austan Goolsbee told CNBC on Friday that investors should keep this data point in mind when trying to determine the Fed's interest rate path.
Auctions for $77 billion of 13-week Treasury bills and $70 billion of 26-week Treasury bills will take place on Monday.