By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices fell in early trading on Monday, pushing yields up, with traders expecting low volume could be a problem as the government kicks off $118 billion in auctions this week. First up are $40 billion in 2-year notes (UST2YR 0.95, +0.03, +2.71%) , an amount that matches last month's sale as the highest on record. "Add to this the holiday-shortened trading week and limited liquidity and it's difficult to be optimistic on the auctions," said strategists at CRT Capital Group. No U.S. economic reports are on the calendar. Benchmark 10-year yields (UST10Y 3.79, +0.04, +1.15%) rose 4 basis points to 3.85%.
