This week, bond traders will closely watch the demand for new Treasury notes and bonds as the US government shutdown continues, leaving the market without official data. Yields on longer-dated bonds have risen from recent lows, with the 10-year trading between 4.05% to 4.16%. Treasury will auction $125 billion in new three-, 10-, and 30-year debt, matching the amount from May last year. Traders anticipate little data to impact prices, with expectations of a third quarter-point rate cut by the Federal Reserve. Capital Group recommends owning intermediate and shorter maturity Treasuries linked to the path for Fed funds.

Read more at Yahoo Finance: Treasury debt sales dominate light data week for bond traders