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US Treasurys tick higher as investors eye oil prices

U.S. government debt prices ticked broadly higher on Monday, as investors kept an eye on the continued fluctuations in the oil price.

U.S. Markets Overview: Treasurys chart

The yield on the benchmark 10-year Treasury note sat higher at 1.5466 percent, while the yield on the 30-year Treasury bond was also higher at 2.2716 percent.

A monthly reading of builder sentiment rose two points to 60 in August; anything above 50 is considered positive on the National Association of Home Builders/Wells Fargo Housing Market Index. July's reading was revised down one point. The index stood at 61 in August of 2015.

In oil markets, WTI and Brent crude futures traded higher on Monday, at approximately $45.63 and $48.21 per barrel, respectively.

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-CNBC's Diana Olick contributed to this report.