NEW YORK (AP) — Treasury prices were mixed Monday as traders weighed concern over Europe's debt crisis against news that U.S. consumers are back to borrowing again.
Consumer borrowing jumped by $20.4 billion in November, the Federal Reserve reported Monday. That's the largest gain in a decade and a possible sign that Americans are reversing some of their thrifty habits.
The price of the 10-year Treasury note dipped after the report came out but was still slightly higher on the day. The note was up 3.12 cents for every $100 invested. Its yield fell to 1.96 percent from 1.97 percent late Friday.
Worries that Europe's debt troubles will turn worse kept demand high for …
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