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Treasurys fall, awaiting fresh economic signals
NEW YORK (MarketWatch) -- Treasury prices fell Monday, sending yields higher as investors look for signs of whether the economy is accelerating. Improvement in economic numbers will help inform investor views of when the Federal Reserve will raise its key lending rate, dragging yields higher along with it. The 10-year Treasury note yield climbed 2 basis points to 2.643%, while the 30-year bond yield rose 1.5 basis points to 3.480%, and the 5-year note yield rose 2.5 basis points to 1.650%. This week brings economic releases on retail sales on Tuesday, and the consumer price index on Thursday.
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