TOKYO, March 22 (Reuters) - U.S. Treasury debt futures steadied in Asia on Monday ahead of a busy week of auctions, with traders in Japan out for a one-day national holiday.
* Cash bonds were also flat after prices slipped on Friday ahead of this week's sales of government debt. The Treasury will sell $44 billion in two-year notes on Tuesday, $42 billion in five-year notes on Wednesday and $32 billion in seven-year debt on Thursday.
* Stock markets in Asia fell as Greece's debt problems and division in the EU about how to solve them kept enthusiasm for risk-taking subdued, and S&P futures slid.
* Analysts say economic data remains key to the path of U.S. monetary policy and while inflation is subdued markets will be watching employment for clues on when the Fed might start to raise rates.
The Chicago Fed releases its Feb activity index at 1230 GMT, with home sales numbers, another area for scrutiny, due on Tuesday and Wednesday. St. Louis Fed President James Bullard and and Atlanta Fed President Dennis Lockhart speak later on Monday.
* June futures on 10-year notes steady at 116-31/32, roughly in the middle of a range seen since the start of March.
* 10-year note rises 1/32 in price to yield 3.689 percent, down almost half a basis point from late Friday.
* 2-year note unchanged from late U.S. trade at 0.997 percent, after hitting 1.0 percent on Friday and touching levels seen in early January. The yield spread between the 2- and 10-years inched in to 269 basis points, its narrowest this year and down from record wide level at 291 in February.
* 30-year bond also flat at 4.580 percent.
((Reporting by Charlotte Cooper; Editing by Kim Coghill))
((Email: charlotte.cooper@thomsonreuters.com; +81 3 6441 1870; Reuters Messaging: charlotte.cooper.reuters.com@reuters.net))
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For real-time economic indicators... Keywords: MARKETS TREASURIES ASIA XX:SU:REUTERS#SN:nTOE62L020#XX:400030.0#HS:RAMSTXT_9088_2010-3-22_054920_1_80#DU:lanreunxd1+lanreznxd1+rekwire+reawire+rexwire+bsu8rtr#XN:##XP:tfukfipdista.datastream.com ~ (Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit http://topnews.session.rservices.com * BridgeStation: view story .134 * Reuters Plus: from your WebDSS screen For more information on Top News, visit http://topnews.reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Cash bonds were also flat after prices slipped on Friday ahead of this week's sales of government debt. The Treasury will sell $44 billion in two-year notes on Tuesday, $42 billion in five-year notes on Wednesday and $32 billion in seven-year debt on Thursday.
* Stock markets in Asia fell as Greece's debt problems and division in the EU about how to solve them kept enthusiasm for risk-taking subdued, and S&P futures slid.
* Analysts say economic data remains key to the path of U.S. monetary policy and while inflation is subdued markets will be watching employment for clues on when the Fed might start to raise rates.
The Chicago Fed releases its Feb activity index at 1230 GMT, with home sales numbers, another area for scrutiny, due on Tuesday and Wednesday. St. Louis Fed President James Bullard and and Atlanta Fed President Dennis Lockhart speak later on Monday.
* June futures on 10-year notes steady at 116-31/32, roughly in the middle of a range seen since the start of March.
* 10-year note rises 1/32 in price to yield 3.689 percent, down almost half a basis point from late Friday.
* 2-year note unchanged from late U.S. trade at 0.997 percent, after hitting 1.0 percent on Friday and touching levels seen in early January. The yield spread between the 2- and 10-years inched in to 269 basis points, its narrowest this year and down from record wide level at 291 in February.
* 30-year bond also flat at 4.580 percent.
((Reporting by Charlotte Cooper; Editing by Kim Coghill))
((Email: charlotte.cooper@thomsonreuters.com; +81 3 6441 1870; Reuters Messaging: charlotte.cooper.reuters.com@reuters.net))
Reuters Terminal users can see related news and rates by double-clicking on the following:
Reuters U.S. Treasury and money market rates.....
Reuters U.S. interest-rate swap benchmark........
Tradeweb main guide.............
Garban ICAP Treasuries data.
Cantor Fitzgerald Treasuries data...........
Dollar money market speed guide....
For swaps data....
For worldwide Treasuries reports.....
For Tokyo U.S. Treasuries report....
For daily Treasuries outlook........
For Federal Reserve news...........
For Federal Reserve polls..........
For other U.S. fixed-income news
For real-time economic indicators... Keywords: MARKETS TREASURIES ASIA XX:SU:REUTERS#SN:nTOE62L020#XX:400030.0#HS:RAMSTXT_9088_2010-3-22_054920_1_80#DU:lanreunxd1+lanreznxd1+rekwire+reawire+rexwire+bsu8rtr#XN:##XP:tfukfipdista.datastream.com ~ (Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit http://topnews.session.rservices.com * BridgeStation: view story .134 * Reuters Plus: from your WebDSS screen For more information on Top News, visit http://topnews.reuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.