The yield on the US 10-year Treasury note edged down to 4.16% on Monday, but remained close to the September lows reached earlier in the month, as traders braced for a week packed with key, previously delayed economic data releases. Key updates include the jobs report, CPI inflation and retail sales, which should help gauge the health of the US economy and determine whether the Federal Reserve is nearing the end of its easing cycle after three consecutive rate cuts, or whether a more aggressive approach may still be required. Last week, the Fed lowered the federal funds rate by 25 basis points for a third consecutive meeting and signalled that an additional 25-basis-point cut in 2026 remains under consideration. Elsewhere, investors were also awaiting monetary policy decisions from other major central banks, with the ECB expected to hold rates steady, the BoE forecast to cut borrowing costs by 25 basis points, and the BoJ anticipated to raise rates by 25 basis points.
