MW: Treasurys edge up before Fed buyback, speakers
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices rose slightly Monday, pushing yields down, ahead of the week's bond buybacks by the Federal Reserve and a continuation of speeches from Fed officials, which some analysts expect will temper predictions for tighter monetary policy. "This week will see Fed purchases and Fed speakers that will create a more balanced sentiment," said John Spinello, a bond strategist at Jefferies & Co. Yields on 10-year notes (UST10Y 3.44, -0.01, -0.26%) , which move inversely to prices, fell 1 basis point to 3.44%.
