The US 10-year yield held near 4.69% after rising about 5bps Friday.
The euro found stability as investors balanced geopolitical tension in the Middle East against inflation persistent above central bank targets. Steady economic expansion across the Eurozone supports expectations for continued monetary tightening in the near term.
The 10-year Treasury yield eased to around 4.68% as attention shifted to producer inflation.
The yen weakened beyond 159 per dollar, surrendering roughly half of the gains triggered by the record US-Japan intervention.
Gold climbed above $4,400, reaching a two-month high as Chinese demand strengthened.
US stock futures edged lower as higher oil prices revived inflation concerns.
US senators proposed an ethics plan that could allow Trump to defer capital gains on crypto holdings.
EUR/USD extended its recent gains, trading around 1.1555 as soft U.S. labor market data weighed on the dollar. July ADP private payrolls came in at 44,000, missing the projected 70,000. Market participants are turning their focus toward upcoming Eurozone retail sales figures and the U.S. Nonfarm Payrolls report for further directional cues.
