By Ben Eisen
NEW YORK (MarketWatch) -- Treasury prices moved higher Monday as U.S. data disappointed. Orders for big-ticket items dropped 7.3% in July, falling more than the 4.9% expected by economists. The Treasury market, which is closely attuned how economic data will impact the Federal Reserve's plan to wind down its bond-buying program, took the data as a signal to move higher. The 10-year note 10_YEAR -0.99% yield, which moves inversely to price, fell 2.5 basis points to 2.795% after rising as high as 2.834% before the data. The 30-year bond 30_YEAR -0.34% yield fell 1.5 basis points to 3.780%, and the 5-year note 5_YEAR -1.78% yield fell 4 basis points to 1.587%.
