MW: Treasurys gain as investors fret about Scottish poll
NEW YORK (MarketWatch) — Treasury prices advanced Monday, recovering a little from last week’s decline.
Increased angst about possible Scottish independence got some of the credit for investors moving toward Treasurys and other safety plays. A poll over the weekend put the pro-independence camp in the lead for the first time, spooking investors.
Read more: European stocks, pound drop on Scottish poll
The 10-year Treasury note 10_YEAR, -1.10% yield, which falls as prices rise, declined 3 basis points to 2.429%.
The 5-year note 5_YEAR, -1.06% yield declined almost 3 basis points to 1.668%, while the 30-year bond 30_YEAR, -1.08% yield dropped more than 3 basis points to 3.194%.
In other markets, U.S. stock futures pointed to a lower open, and oil prices dropped.
There are no major U.S. economic reports scheduled for Monday.
