The 10-year U.S. Treasury yield climbed back above the 1.6% mark to start the trading week.
The yield on the benchmark 10-year Treasury note rose 2.4 basis points to 1.601% at 7:40 a.m. ET. The yield on the 30-year Treasury bond climbed 1.5 basis points to 2.035%. Yields move inversely to prices and 1 basis point is equal to 0.01%.
The 10-year rate was on the rise on Friday, topping 1.57%, after data showed that retail sales rose by 0.7% in September, versus an expected decline of 0.2%.
On Monday, the October National Association of Home Builders housing market index is due to come out at 10 a.m. ET.
Auctions are scheduled to be held on Monday for $48 billion of 13-week bills and $45 billion of 26-week bills.