The 10-year Treasury yield experiences a slight increase after a week of gains.

On Monday, the 10-year Treasury yield increased slightly as investors anticipated upcoming data and central bank statements following a week of growth.

The 10-year Treasury note's yield increased by half a basis point to 4.4316%, while the 2-year Treasury yield decreased by less than a basis point to 4.2992%.

An inverted relationship exists between yields and prices, with one basis point equivalent to 0.01%.

Jerome Powell, the Federal Reserve Chair, hinted last week that the central bank might not be as aggressive with its rate-cutting plan in the future, and investors are still processing this information.

In October, inflation slightly increased, and the anticipated fiscal policies of President-elect Donald Trump affected the broader economic outlook.

Fed policymaker Austan Goolsbee will deliver a speech on Monday, which investors will closely watch before the release of Fed minutes later this week.

This week, there are several important events scheduled, including fresh housing, consumer confidence, and manufacturing data, with initial jobless claims being reported on Thursday.