Treasury prices rose Monday, sending yields lower, after the White House said bankruptcy was a possibility for General Motors and Chrysler, prompting investors to seek safety in government debt. Yields on benchmark 10-year notes fell 6 basis points to 2.699%. On Wall Street, stock futures fell sharply, as concerns over troubled automakers GM and Chrysler increased. The White House said a structured bankruptcy plan for the two automakers could give them their "best chance at success."
