The 10-year US Treasury yield rose above 1.6% at the start of the trading week.
The benchmark 10-year Treasury bill yield rose 3 basis points to 1.609% at 4.30am ET. The yield on 30-year Treasuries climbed less than a basis point to 2.058%. Yields move in the opposite direction of prices and 1 basis point equals 0.01%.
The 10-year rate was up on Friday, topping 1.57%, after data showed retail sales rose 0.7% in September, from an expected decline of 0.2%.
On Monday, the National Association of Home Builders’ October Housing Market Index is due out at 10 a.m. ET.
Before that, Federal Reserve Governor Randal Quarles is due to speak at the Banco de España financial stability conference at 5:30 a.m.ET.
Auctions are scheduled to take place Monday for $ 48 billion in 13-week bills and $ 45 billion in 26-week bills.