U.S. Treasury yields edge lower as investors await June FOMC minutes, NATO summit

According to CNBC, U.S. Treasury yields inched lower early Monday, with the 10-year yield down nearly 2 basis points to 4.459%, the 2-year yield off more than 1 basis point to 4.112%, and the 30-year yield down 1 basis point to 4.969%. CNBC said investors are looking ahead to the release of June FOMC meeting minutes on Wednesday, the first meeting led by new Federal Reserve Chairman Kevin Warsh, after the bond market was closed Friday, July 3, for Independence Day celebrations. The report added that investors will also watch weekly initial jobless claims and the June existing home sales report on Thursday, and monitor the NATO Summit in Ankara, Turkey, beginning Tuesday with U.S. President Donald Trump attending.