U.S. Treasury bond prices continue to fall, with the market quietly awaiting economic data and the Federal Reserve minutes.

US Treasury bonds fell for a second day as a series of important economic data and the minutes of the Fed meeting which may provide clues on US interest rates are released. The yield on the 10-year Treasury bond rose 1 basis point to 4.07%, poised to record its first consecutive two-day increase since the beginning of this month. The yield has slightly rebounded after a sharp decline over the weekend. The moderate inflation data at the time triggered an increase in expectations of a rate cut by the Fed.