Bond prices up after early declines

After early declines prices on US Treasury bonds were higher Monday as the dollar was mixed and the Federal Reserve put another $2 billion into the banking system in an effort to calm investors.

Yields on two-year treasury bonds yielded 4.44 percent and five-year issues were yielding 4.56 percent late in the afternoon in New York.

Meanwhile, ten-year paper was up $2.18 on a $1,000 note to a yield of 4.77 percent.

Thirty-year issues gained $3.75 on a $1,000 note as yields dropped from 5.04 percent on Friday to 5.01 percent on the session.

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