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Treasuries Slip

From Standard & Poor's Equity ResearchTreasuries fell modestly after a fairly quiet day of trading, as a recovery in equities from Friday's sell-off prompted some unwinding of safe haven buying... 10-year note eased 03/32 to 96-14/32 for a yield of 4.96%... 30-year bond fell 05/32 to 95-06/32 for a yield of 5.07%.

Trading could be relatively subdued this week until June home sales data are released on Wednesday-Thursday... A speech from former Federal Reserve Chairman Greenspan tomorrow about commercial real estate could attract attention... Elsewhere today, crude oil and gold futures fell.

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