As earnings season and concerns about trading continue to affect Wall Street, Monday's bond investors will be all about economic data and auction news before the decisions of central banks are taken this week.
The sale will occur at 10:00 ET, followed by the Dallas Fed's Texas Manufacturing Outlook survey at 10:30 ET.
This comes just days after the US pre-reading. Second quarter gross domestic product (GDP) on Friday showed that the economy grew 4.1 percent, in line with estimates.
The US Treasury will auction $ 51 billion in 13-week bills and $ 45 billion in 26-week bills. Also, the scope of a four-week auction, which is scheduled to take place on Tuesday, will be announced.
Looking to the banking sector, investors are preparing for the next monetary policy meeting of the Federal Open Market Committee (FOMC) scheduled for Tuesday and Wednesday. On Wednesday afternoon, a political decision is to be announced, which should give an insight into the performance of the US economy.
This follows new batches of economic data and the news that President Donald Trump is "not enthusiastic" about rising interest rates and worried that the Fed may disrupt the economic recovery.