A move by China to slow the pace of its economic growth is having a minimal impact on the U.S. bond market.

Bond prices are mostly flat on a day when the remnants of a blizzard in the Northeast disrupted much of the financial industry. Stock and bond markets are seeing little trading volume during a week that has traditionally been one of the quietest of the year.

The yield on the benchmark 10-year Treasury note rose slightly Monday to 3.41 percent from 3.40 percent late Thursday. The 30 year bond remained unchanged at a yield of 4.48 percent.

The price of the 2-year note fell 12 cents, sending the yield up to 0.72 percent. Bond prices move in the opposite direction of their yields.