U.S. Treasury yields dipped Wednesday as traders waited on delayed economic data releases and minutes from the Federal Reserve’s October meeting and tried to gauge what any of it will mean for future monetary policy.

The federal government is pushing out delayed economic reports after reopening last week from a record 43-day shutdown. The data fog is adding to uncertainty over Fed policy as many Fed officials express concerns about further rate cuts due to sticky inflation.

It has also held Treasury yields in a relatively tight range as traders wait on new catalysts to shift pricing.

“We've been so deprived of top-tier economic data for so long, it's hard to reach a max conviction position on the current state of the U.S. economy until we begin to see the data come through,” said Michael Lorizio, head of U.S. rates and mortgage trading at Manulife Investment Management in Boston.

Minutes from the Fed’s October meeting on Wednesday may cast some additional light on how many policymakers are likely to oppose a rate cut in December.

“When you had what seemed like many different opinions, getting that summary today in the minutes will probably be helpful in further coming up with market expectations for the December meeting,” Lorizio said.

The U.S. central bank cut rates at the October 28-29 meeting and Fed Chair Jerome Powell said there are 'strongly differing views' within the Fed about a December rate cut.

Fed funds futures traders are pricing in 45% odds of a cut next month.

The 2-year note yield, which typically moves in step with Fed interest rate expectations, was last down 1.9 basis points on the day at 3.562%. The yield on benchmark U.S. 10-year notes fell 1.5 basis points to 4.106%.

The yield curve between two-year and 10-year notes was at 53.8 basis points.

This week’s main economic release will be September’s monthly jobs report on Thursday. Economists polled by Reuters expect it to show employers added 50,000 jobs during the month. Data on Wednesday showed that the U.S. trade deficit narrowed more than expected in August as imports declined.

The Treasury will also sell $16 billion in 20-year bonds on Wednesday.