Mon, 22 Oct 2012 15:01:37 GMT
Treasuries fell on upcoming durable goods
On Monday, treasuries were traded lower, as the market sentiment was determined by an upcoming report on durable goods, which is widely expected to show another sign of recovery in the U.S. economy. The yield on benchmark 10-year notes increased by 4 basis points and reached 1.81% by 7:35 a.m. New York time, after falling 7 basis points on Friday.