U.S. Treasury yields extended their losses in midday European trading ahead of key economic data releases, with markets closely watching the potential impact of these data on the Federal Reserve's policy stance. "Investors are taking a cautious stance ahead of a busy series of U.S. economic data releases that could further shape market expectations for Fed policy," noted Konstantinos Chrysikos of Kudotrade in a report. Later in the day, ISM Services PMI data, along with the ADP and JOLTS labor market reports, will be released. According to LSEG data, the money market is currently pricing in two Fed rate cuts this year. According to Tradeweb data, the 2-year Treasury yield fell 1.4 basis points to 3.458%; the 10-year yield fell 3.7 basis points to 4.141%; and the 30-year yield fell 4.2 basis points to 4.823%. (Jinshi)