NEW YORK (MarketWatch) -- Treasury prices rose early Monday, pushing yields down, after a report said U.S. retail sales rose 1.4% in October, more than analysts' expected, but a large downward revision to September's sales offset the upside surprise. Yields on 10-year notes (UST10Y 3.42, -0.02, -0.67%) fell 5 basis points to 3.38%. The report also said sales, excluding automobiles, rose 0.2%. A separate report showed manufacturing activity in the New York Federal Reserve's region expanded at a slower pace this month. Trading may be subdued before Fed Chairman Ben Bernanke gives a speech at 12:15 p.m. Eastern time.
