U.S. sovereign bonds traded higher on Monday, following last week's strong jobs report, which supports an interest rate hike this month, and dovish comments from the European Central Bank.
Yields on 10-year Treasurys were lower at 2.2244 percent on Monday, after closing at 2.275 percent on Friday, after the release of a better-than-expected jobs report.
Meanwhile, 30-year bond yields fell to trade at 2.9486 percent after ending at 3.009 percent in the previous session.
Ahead of next week's key Fed policy announcement – which seems bound to bring the first hike in the fed funds rate since 2006 – it also looks set to be a less eventful week, kicking off with just consumer credit figures for October at 3 p.m. ET on Monday.