The Treasury market remained calm on Monday, with trading volumes significantly reduced due to the ongoing holiday season. Many investors are away, contributing to the subdued market activity.

Trading is anticipated to remain light throughout the remainder of the week as the holiday period continues. Market participants are looking ahead to the new year.

There were no major economic data releases scheduled for Monday, further contributing to the quiet trading environment.

Analysts suggest that any significant market movements are unlikely until after the New Year holiday, when trading volumes are expected to normalize.