Treasuries Slip in Lackluster Trade

Profit-taking, and equity gains after Friday's losses, pressured Treasuries slightly

The long bond closed down a half point in a very quiet, lethargic Monday session. Profit taking after Friday's strong gains, and modest improvement in equities after Friday's losses, pressured Treasuries slightly. However, the lack of news and interest kept bonds, stocks and the U.S. dollar tightly confined.

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