As investors anticipate crucial employment information, treasury yields slightly increase.

On Monday, U.S. Treasury yields rose in anticipation of upcoming key jobs data releases during the week.

The 10-year Treasury yield increased slightly to 4.596%, while the 2-year Treasury yield decreased nearly 2 basis points to 4.26%.

Yields and prices move in opposite directions, with one basis point equal to 0.01%.

The New York Stock Exchange will close trading on Thursday to observe a national day of mourning for the death of former President Jimmy Carter. Key jobs data will be published throughout another shortened trading week, and investors are eagerly awaiting this information.

On Monday morning, Federal Reserve Governor Lisa Cook will deliver a speech, and investors will closely monitor her comments for indications of the economic outlook for the year.

According to Dow Jones, economists anticipate 7.7 million job openings in the United States in November, as shown in the JOLTS Job Opening data.

The ADP Employment Change report for December is due on Wednesday, indicating the change in the number of people employed in the private sector in the U.S. It's predicted that 130,000 jobs were added in December, according to Dow Jones.

The nonfarm payrolls report, which is one of the last pieces of data to be published before the Fed's meeting at the end of January, will reveal the number of people employed in the U.S. and is a significant indicator of the health of the U.S. economy.

According to Dow Jones estimates, the report is expected to reveal that the U.S. gained 155,000 jobs in December and the unemployment rate remained unchanged at 4.2%.