As investors anticipate the release of inflation data, treasury yields increase following a weak jobs report.

U.S. economic data releases have been weaker-than-expected, leading investors to anticipate higher treasury yields on Monday in anticipation of fresh inflation prints.

The yield on the was 4 basis points higher at 3.753%, while the yield rose nearly 5 basis points to 3.698%.

Prices and yields move in opposite directions. A basis point is equivalent to 0.01%.

The consumer price index for August will be released on Wednesday, and the producer price index will be published on Thursday.

The unemployment rate dipped as expected to 4.2%, but Treasury yields tumbled across the first week of September trade as reports on nonfarm payrolls and private payrolls both missed forecast estimates, reviving concerns about the extent of the slowdown in the U.S. economy.

The Federal Reserve will hold its next monetary policy meeting on Sept. 18. Currently, markets are pricing a 71% probability of a 25-basis-point cut in interest rates, with a 29% probability of a 50-basis-point cut, according to CME Group's FedWatch Tool. However, last week, pricing on the larger reduction rose to nearly 50-50 as the data disappointed, causing stock markets to decline.