Treasuries fall on optimistic U.S. data

© Scanpix/Reuters

On Monday, treasuries were traded lower, ending a 5-day long streak of gains, as U.S. retail sales showed a higher increase than expected, which added to the signs that the economy is improving, decreasing the demand for safer assets. The yield on benchmark 10-year notes added 1 basis points, and reached 1.66%, following a 0.09% fall the week before.