U.S. Treasury yields fell on Monday, with the 10-year yield decreasing to 4.37% and the 2-year yield to 3.848%. This decline reflects investor caution as they evaluate the current state of the U.S. economy and upcoming economic data releases. The Federal Reserve is in a blackout period ahead of its next monetary policy meeting, which adds to the uncertainty in the market. Investors are particularly focused on upcoming indicators, including home sales and jobless claims, which could influence future interest rate decisions.

The White House has reiterated a hard deadline for tariffs starting August 1, which could impact trade dynamics and economic growth. Commerce Secretary Howard Lutnick emphasized that while tariffs will begin, negotiations can continue post-deadline. This situation may affect investor sentiment and market stability, particularly in sectors sensitive to trade policies. The interplay between Treasury yields and trade developments is crucial for understanding broader economic trends and potential impacts on corporate financials.