The big rally in stocks squelched some early strength in government bonds Monday and most issues ended lower.
Around 5 p.m. EDT, 10-year Treasury note was at 99 25/32, yielding 3.90%. The 30-year Treasury was flat at a price of 108 17/32, yielding 4.82%.
The declines came amid a 166-point runup in the
Dow Jones Industrial Average
, a rally sparked mainly by bargain hunting after the selloff of late last week. Still economic news was less than blockbuster, with personal income and personal consumption both up an anemic 0.4% in March.