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MW:Treasurys edge up before Fed, ECB meetings
 
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices rose on Monday, pushing yields down slightly, with focus put on the week's Federal Reserve and European Central Bank meetings. Yields rose last week after comments from ECB and European Union officials raised speculation that stronger steps will be taken to address the sovereign debt crisis. Yields on 10_year notes 10_YEAR -0.39% , which move inversely to prices, fell 1 basis point to 1.55%. "Treasury yields are modestly lower from Friday's closing levels as investors sort out the prospects of EU/ECB and Fed actions to support growth," said bond strategists at RBS Securities.
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