CNBC reports that U.S. government debt prices were higher on Monday as investors gear up for a new Fed meeting.

The yield on the 10-year Treasury note dropped 2 basis points to 1.35% and the yield on the 30-year Treasury bond fell 2.2 basis points to 1.888%.

Investors are looking ahead to a new Fed meeting, with Chairman Jerome Powell due to speak on Wednesday.

Powell has previously said the central bank could start lifting monetary stimulus before the end of the year and investors will be looking for clues about the tapering process.