NEW YORK (MarketWatch) -- Treasury prices rose for the first day in five on Monday, pushing yields down, as investors reassess the value of U.S. debt after last week's big selloff pushed yields above the range they'd been in for months. The only U.S. data scheduled is on homebuilder sentiment. Also supporting bonds, the Federal Reserve is scheduled to buy Treasury debt every day this week. "The selloff which brought 10-year yields as high as 2.36% intraday, has hit levels attractive enough to bring in dip-buyers," said bond strategists at CRT Capital Group. Yields on 10-year notes 10_YEAR -0.35% , which move inversely to prices, fell 2 basis points to 2.28%.
