* This week’s US inflation data will be closely watched re: Fed’s policy decisions
* Far-right parties gain seats in European Union election
* Mexico’s political left dominance after election worries investors
* Investors brace for new Fed estimates for rate-policy outlook
* US credit card delinquencies rise to highest level in over a decade
* US private payrolls steady for 1-year trend, rising 1.6% through May:

US 10-year Treasury yield spiked up on Friday after news of stronger-than-expected rise in nonfarm payrolls for May. “There’s no urgency for the Fed to cut if the labor market is firm,” advises Padhraic Garvey, regional head of research for the Americas at ING.