Treasurys edge higher in wake of payrolls, BOJ

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Treasurys edge higher in wake of payrolls, BOJ
NEW YORK (MarketWatch) -- Treasurys inched higher on Monday, in line with last week's gains that pushed the 10-year yield to 2013 lows as the Bank of Japan announced aggressive monetary policy and U.S. jobs data missed to the downside. Federal Reserve Chairman Ben Bernanke is scheduled to speak at 7:15 p.m. Eastern. Yields on the benchmark 10-year U.S. Treasury note rose 1 basis point to 1.72%. Yields move inversely to prices and one basis point is one one-hundredth of a percentage point.

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