By V. Phani Kumar
NEW YORK (MarketWatch) -- U.S. Treasurys jumped early Monday as news that Greece will miss its fiscal deficit target for this year spurred investors to pile into safe-haven assets, dragging heavily on yields that move inversely to prices. Yield on the benchmark 10-year notes 10_YEAR -3.23% fell five basis points to 1.89% and those on the 30-year bonds 30_YEAR -2.74% sank seven basis points to 2.86%. Among shorter maturities, yields on the 2-year notes 2_YEAR +1.61% dipped one basis point from the levels seen Friday to 0.25%. The drop in yields came as U.S. index futures pointed to another weak day on Wall Street after Friday's tumble and as the dollar as well as gold prices advanced, reflecting investor aversion to risk.
