MW: Treasurys down before ISM report, debt estimates
By Deborah Levine
UST10Y
NEW YORK (MarketWatch) -- Treasury prices were under pressure early on Monday, pushing yields up, before a U.S. economic report that is expected to show improvement in the manufacturing segment of the economy. Yields on 10-year notes (UST10Y 3.38, -0.12, -3.29%) rose 2 basis points to 3.41%. The Institute for Supply Management's index of business activity is forecast to improve slightly to 53 in October, from 52.6, according to a survey of economists by MarketWatch. The data will be released at 10 a.m. Eastern time, alongside reports on construction spending and pending home sales. Also, later in the session, the Treasury Department will say how much in debt it expects to issue during the current and coming quarters.
