Bonds Mixed

Treasuries were mixed Monday, ahead of March consumer confidence and new home sales data Tuesday

Treasuries were mixed Monday, ahead of March consumer confidence and new home sales data Tuesday and first-quarter GDP Thursday, according to S&P Marketscope. 10 year notes were flat at 98-02/32 for a yield of 4.253%, and 30-year bonds were higher at 112-15/32 for a yield of 4.554%. Treasuries started the day higher, but amid lackluster trade, pared those gains following a record high existing home sales numbers. Bonds fell by mid-morning when buying from retail and specs failed to surface, according to Informa. Prices attempted to rally later in the day on mortgage service call buying, but the market was unable to hold onto the gains.

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