U.S. Treasuries rose in price on Monday, getting a mild lift from the purchases of fund managers who saw Friday’s selloff as overdone and as data showed that fears over dramatically rising yields may be overstated in light of a still moderate U.S. economic recovery.
The 10-year note was last up 5/32 in price on Monday to yield 2.20 percent, down from 2.21 percent late on Friday.
The 30-year was unchanged in price to yield 3.34 percent.
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