Ten-year Treasuries rose before a government report tomorrow that may show retail sales in the U.S. fell last month, underscoring that the economy may be slow to improve.
Notes also advanced on speculation investors will use coupon payments this week to add to bond holdings after the government's quarterly sales of $21 billion in debt last week. Yields on 30- year bonds, among the most sensitive to inflation expectations, touched the lowest in more than a week as crude oil fell for the first day in seven. Retail sales probably fell 0.2 percent in April, following a 0.2 percent advance in March.
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