As the US government shutdown enters its second week, US Treasury yields are rising, with the gains particularly pronounced on the long end. Due to the shutdown, official US data, including the crucial non-farm payroll report originally scheduled for last week, remain unreleased. Other employment data released last week offered mixed results.

This week, market focus will turn to Wednesday's release of the Federal Reserve's meeting minutes for clues on the pace of interest rate cuts. Deutsche Bank analysts said in a note that Wednesday and Thursday's 10-year and 30-year Treasury auctions will also serve as "a good test of market demand for current Fed and administration policy."

Data showed that the 10-year U.S. Treasury yield rose 3 basis points to 4.152%, and the 30-year yield rose 4.5 basis points to 4.759%. (Jinshi)