Short-term notes outpaced the rest of the Treasury market yesterday, posting small gains on a newspaper story that supported expectations that the Fed will ease monetary policy again.

But the improvement at the short end occurred amid very thin trading, and participants described the session as another lifeless summer Monday in the bond market.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.