US Treasurys edge higher as bond investors focus on data, auctions

U.S. government debt prices were higher on Monday morning as investors awaited the release of economic data and eyed auctions.

The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was lower at around 2.373 percent, while the yield on the 30-year Treasury bond was also lower at 2.927 percent.


On data front, consumer credit increased by $18.41 billion in May, or 5.8 percent.

Oil prices were up at the start of the trading week after a three percent fall in the previous session.

In oil markets, Brent crude traded at around $46.90 a barrel on Monday morning, up 0.04 percent, while U.S. crude was around $44.47 a barrel, up 0.54 percent.