Treasury Yields Fall to Start the Week

Treasuries are gaining ground, sending their yields lower, to start the U.S. trading session.

Andy Brenner of NatAlliance Securities thinks that as the summer unfolds, traders are growing more preoccupied with some economic headwinds. Trade negotiations with Europe don’t seem to be proceeding quickly, he notes, and analysts are increasingly concerned that the U.S. labor market is weakening under the surface, despite solid headline figures.

Auctions this week include a 20-year reopening Wednesday and a sale of 10-year TIPS Thursday.