Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
The U.S. Treasuries sharply rebounded Monday despite hawkish comments delivered by the Federal Reserve Chair Janet Yellen on Friday. Also, investors will keenly eye the Federal open Market Committee (FOMC) member Neel Kashkari’s speech, scheduled to be held late today for further direction in the debt market.
The yield on the benchmark 10-year Treasury slumped nearly 2 basis points to 2.47 percent, the super-long 30-year bond yield also plunged over 1-1/2 basis points to 3.06 percent and the yield on short-term 2-year note traded nearly 1/2 basis point higher at 1.30 percent by 11:40GMT.
Last Friday, Fed Chair Yellen reiterated the message that a Fed hike was coming, so long as inflation and employment continued to make progress. It was perhaps the latter element regarding the labour market that triggered the US bond reversal into the close, ahead of this week’s non-farm payrolls data.
In addition, with the Fed Funds Futures currently pricing in a probability of more than 95 percent of a rate hike this month, even if this Friday’s payrolls report comes in a bit softer than expected a 25bps hike can be expected this month taking the range for the Fed Funds Rate to 0.75-1.00 percent.
Lastly, markets will remain geared to the release of labor market report, besides, the 10-year and super-long 30-year bond auction, scheduled to be held on March 8 and 9 respectively.
Meanwhile, the S&P 500 Futures fell 0.26 percent or 6.25 points to 2,375.00 by 11:50GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained slightly bullish at 85.82 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
