U.S. Treasury yields climbed on Monday morning, signaling rising market confidence that an financial restoration is shut, following the coronavirus pandemic.
The White Home stated it expects to complete sending out millions of doses of coronavirus vaccines this week, after a sweeping winter storm disrupted its distribution logistics.
In the meantime, January knowledge from the Chicago Fed Nationwide Exercise index, which is taken into account as a broader indicator for nationwide financial exercise, is due out at 8:30 a.m. ET.
The Federal Reserve Financial institution of Dallas is predicted to publish February knowledge for its Texas manufacturing index at 10:30 a.m. ET.
Fed Governor Michelle Bowman is because of make a speech on financial inclusion in lower-income communities on the Dallas Fed’s Advance Collectively Celebration, at 3:30 p.m. ET.
Auctions can be held Monday for $54 billion of 13-week payments and $51 billion of 26-week payments.
— CNBC’s Amanda Macias contributed to this report.