The benchmark 10-year Treasury note rose 7/32 to 101 18/32, the lowest level since late October. Its yield tumbled to 4.05%.
EU STOCK MARKET
European shares closed higher on Monday.
In U.K.: Shell unchanged and closed at 484.50. Barclays Bank fell 0.59% to 593.50. Diageo advanced 1.97% to 750 HSBC added 1.47% to 898. Vodafone rose 0.54% to 139.25. Unilever rose 0.91% to 524.75.
In Germany: Bayer rose 1.31% to 25.43. DaimlerChrysler advanced 0.67% to 36.08. BMW added 1.13% to 33.24. Infineon rose 2% to 7.23. SAP added 1.61% to 122.90.
Allianz added 2.13% to 94.15, after MSDW raised company’s rating to "
overweight".
Deutsch Bank slid 0.66% to 68.10.
In France: Alcatel rallied 2.27% to 9.92. BNP Paribas added 0.18% to 54.90. Danone slipped 0.49% to 71.70. EADS advanced 0.86% to 23.43. France Telecom added 2.15% to 24.69. Renault rose 0.87% to 64. Total rose 0.12% to 170.
US STOCK MARKET
U.S. stocks ended lower.
The Dow Jones Industrial fell 0.37 points and closed at 10,715.76. The S&P 500 slipped 1.3 points to 1,201.73. The Nasdaq Composite declined 4.63 points to 2,082.03.
FOREX
In the currency market, the euro tumbled to $1.2763 from $1.2873 in New York late Friday, the highest level since early of November. The dollar rose to 104.80 yen, from $104.02.