U.S. Treasuries higher start, looking to continue their modest rebound from Friday.
Longer tenors have been at the forefront of the overnight advance after underperforming on Friday. Sovereign debt has started the week on a solid note while global equities have also had a good showing with technology stocks seeing some strength in Asia.
U.S. Treasury will conduct note sales at 11:30 ET and 13:00 ET.
Crude oil has plunged toward $80/bbl after a relatively quiet weekend on the U.S.-Iran front
U.S. Dollar Index is down 0.2% at 101.31.
Yields:
2-yr: -1 bp to 4.32%
3-yr: -1 bp to 4.35%
5-yr: -2 bps to 4.40%
10-yr: -3 bps to 4.65%
30-yr: -4 bps to 5.12%