US Treasuries Edge Higher Ahead of Crucial Economic Reports

Treasuries edged higher to open a consequential week, with traders awaiting readings on the labor market and inflation for signals on the strength of the US economy.

The gains pushed yields about one basis point lower by the close of a choppy session, with the rate on 10-year notes falling to 4.2%. Focus now shifts to a series of economic reports, highlighted by the release of January employment data on Wednesday.