Early Monday, Treasury yields decreased before the release of the Fed minutes and Jackson Hole.

This week, the Federal Reserve meeting minutes and the Jackson Hole symposium are scheduled, which may affect U.S. Treasury yields, which were lower early Monday.

At 2:40 a.m. ET, the yield on the was nearly 3 basis points lower at 3.864%, while the yield dropped 3 basis points to 4.038%.

Prices and yields move in opposite directions, with one basis point equal to 0.01%.

Last week's release of U.S. retail sales figures for July and weekly initial jobless claims, which were both better than expected, helped ease recent concerns about the health of the U.S. economy and boosted global stock markets.

The Fed rate cut in September is fully priced in by markets, but the probability of a 50 basis point reduction has been reduced to 28.5%, according to CME's FedWatch tool.

In the upcoming days, the Fed's July meeting minutes will be released on Wednesday, and the Jackson Hole symposium will commence on Thursday.

On Friday, Jerome Powell, the Fed Chair, will give a speech at an annual event that draws economists, monetary policymakers, and academics from worldwide.

According to Rashmi Garg, senior portfolio manager at Al Dhabi Capital, Jackson Hole will provide significant market cues in September, but Powell is not expected to reveal the size of the rate cut.

"Unless there is a significant decline in the labor market as indicated in the September 6 jobs report, we anticipate that the interest rate will be reduced by 25 basis points."