By Deborah Levine, MarketWatch NEW YORK (MarketWatch) — Treasury prices rose on Monday, pushing yields down, after weak manufacturing data out of Europe and ahead of a key economic release in the U.S. Yields on 10-year notes 10_YEAR -1.04% , which move inversely to prices, slipped 3 basis points to 2.19%. A basis point is one one-hundredth of a percentage point. Yields on 5-year notes 5_YEAR -1.63% declined 2 basis points to 1.02%. Thirty-year bond yields 30_YEAR -0.60% fell 3 basis points to 3.32%. The Institute of Supply Management’s index on U.S. manufacturing activity is forecast to show improvement in March. At the end of the week comes the government’s monthly payrolls report for March. Economists surveyed by MarketWatch project that the U.S. added 200,000 jobs last month, down from an average of 245,000 each month from December to February. Read more about payrolls. .The Federal Reserve will also reveal its outlook on the economy through the minutes of its last major meeting. Treasury bonds are coming off of losses in March and February that pushed yield sup to their highest since October at one point -- levels last seen before the Federal Reserve announced its latest bond-purchase program known as Operation Twist. Yields have come off those levels as comments from Fed officials have sounded more worried about the sustainability of the economy’s improvement. Read about Treasurys’ first-quarter performance.

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