US treasury prices fell on Monday (yields higher) with traders preparing for more bond supply this week. US Treasury is due to sell $24 billion in three-year notes on Tuesday, $24 billion in 10-year notes on Wednesday and $16 billion in 30-year bonds on Thursday. US two-year yields rose by 3 points to 0.62 per cent while US 10-year yields rose by 12 points to 2.28 per cent.
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