Treasuries showed a lack of direction over the course of the trading day on Monday before eventually ending the session roughly flat.
Bond prices bounced back and forth across the unchanged line before finishing the session slightly higher. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by less than a basis point to 1.814 percent.
The choppy trading in the bond market came amid a lack of major U.S. economic data, which helped to keep traders on the sidelines.
Traders largely shrugged off the latest news out of Europe, including a report from Germany's Spiegel magazine indicating that the European Central Bank is considering setting limits on the yields of Eurozone sovereign bonds.
The central bank would reportedly intervene and buy the bonds if their interest rates exceed a pre-determined threshold above German bonds. The report also suggested that the ECB will make a decision on the proposal at its governing council meeting in September.
Separate reports suggested that Greek Prime Minister Antonis Samaras will meet with European officials this week to seek an extension for the nation's reforms.
Trading activity is likely to remain relatively subdued on Tuesday amid another light on the U.S. economic calendar.
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