Treasuries Move To The Downside Following Strong Economic Data WASHINGTON (dpa-AFX) - Following the rebound seen in the previous session, treasuries moved back to the downside as trading resumed on Monday. Bond prices regained some ground after an initial drop but remained firmly in negative territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 4.1 basis points to 1.720 percent. The weakness among treasuries came as the release of strong U.S. economic data reduced the appeal of safe havens such as bonds. The Labor Department's closely watched jobs report, which was released while the markets were closed on Friday, showed employment in the U.S. spiked by much more than expected in the month of March.