MW: Treasurys slip; traders weigh auction, Middle East
Lockhart: Passing on higher energy prices will be tricky
By Deborah Levine, MarketWatch
NEW YORK (MarketWatch) — Treasury prices fell early Monday, pushing yields up, as traders position for the government’s sale of $66 billion in bonds this week.
Yields on 10-year notes (UST10Y 3.55, +0.05, +1.49%) , which move inversely to prices, rose 4 basis points to 3.54%. A basis point is one one-hundredth of a percent.
By Deborah Levine, MarketWatch
NEW YORK (MarketWatch) — Treasury prices fell early Monday, pushing yields up, as traders position for the government’s sale of $66 billion in bonds this week.
Yields on 10-year notes (UST10Y 3.55, +0.05, +1.49%) , which move inversely to prices, rose 4 basis points to 3.54%. A basis point is one one-hundredth of a percent.