"Treasury Yields Surge as Job Market Strengthens and Investors Await Fed Decision"

U.S. Treasury yields edged higher as investors await the Federal Reserve's policy meeting this week, with the benchmark 10-year Treasury note rising by 3.1 basis points and the 30-year Treasury bond increasing by 2 basis points. Traders are looking for indications of when the central bank will start cutting interest rates. Positive consumer data and a surprise drop in unemployment have boosted risk sentiment, while fresh inflation data is expected to be released this week.