Treasury yields edged lower while U.S. equity benchmarks gained ground as investors parsed fresh consumer spending and manufacturing data.
Federal Reserve policymakers signaled a data-dependent posture ahead of the upcoming Federal Open Market Committee meeting, pointing to moderating core inflation alongside steady U.S. payroll growth.
On Wall Street, the S&P 500 and Nasdaq Composite advanced in morning trading while the benchmark 10-year U.S. Treasury yield hovered near 4.08%.
Economists surveyed this week expect central bank officials to emphasize balanced risks between price stability and maximum employment.
