Investors Analyze Economic Data, Treasury Yields Increase.

U.S. Treasury yields rose as investors assessed the outlook for interest rates and key economic data that could affect the Federal Reserve's next policy moves. Uncertainty about whether the central bank will pause its rate-hiking campaign when it meets later this month has spread. Recent economic data has raised questions about whether rate increases so far have had the desired effect. Meanwhile, concerns about the U.S. defaulting on its debt obligations fell away as President Joe Biden signed the Fiscal Responsibility Act into law on Friday. Fresh economic data that could provide hints about the state of the economy and the Fed's next monetary policy moves is expected this week.