U.S. sovereign bonds pared some losses on Monday in the wake of Friday's better-than-expected nonfarm payrolls report.
Benchmark 10-year notes traded at a higher yield of 1.5783 percent on Monday. Two-year bond yields also rose, trading at 0.7181 percent. Bond yields move inversely to prices.
Thirty-year yields fell slightly, down at 2.2978 percent.
The much-watched official employment report showed 255,000 new jobs were created in July. This was well above the expected 180,000.
Treasury yields
U.S. Treasurys
After the nonfarm payrolls, markets digested weak Chinese trade data overnight. Chinese exports and imports fell more-than-expected in U.S. dollar-denominated terms.
The U.S. Treasury will auction $40 billion in 13-week bills and $34 billion in 26-week bills on Monday. It will also announce the size of a four-week auction to take place on Tuesday.
No major economic data is due from the U.S. on Monday. The heavy part of earnings season is behind us, but Dean Foods, Sotheby's and News Corp posted quarterly results on Monday.
The U.S. dollar traded higher against a basket of currencies at around 96.38 on Monday, having been below 96.0 before the jobs report on Friday.