NEW YORK (CNNMoney.com) - Treasury prices climbed Monday as comments by the president of the European Central Bank outweighed a strong U.S. economic report.

The dollar was mixed against the euro and the yen.

The benchmark 10-year note gained 6/32 to 100-7/32 to yield 4.47 percent, down from 4.49 late Friday. The 30-year bond added 9/32 to 110-13/32 to yield 4.66 percent, down from 4.69 in the previous session. Bond prices and yields move in opposite directions.

In shorter-dated debt, the two-year note remained flat, yielding 4.38 percent, while the five-year note rose 3/32, yielding 4.4 percent.

U.S. bond markets attracted investors Monday after European Central Bank President Jean-Claude Trichet hinted that any rate hikes the bank is considering would not mean a long series of increases.

In testimony to the European Parliament's Committee on Economic and Monetary Affairs, Trichet said, "I don't see at all, ex ante, the start of a series of augmentation of interest rates."

On Friday, Trichet said the ECB planned to raise interest rates for the first time in five years.

Weighing on those advances was the New York-based Conference Board's leading indicators index, a key gauge of the U.S. economy, which rose 0.9 percent in October to 137.9, after a downwardly revised 0.8 percent decline in September.

With the holiday-shortened week, investors are looking ahead to Tuesday, when the Federal Reserve Open Market Committee releases the minutes of its Nov. 1 meeting, for any hints of an end to the Fed's monetary tightening campaign.

"With 300 basis points of tightening actions in the past 16 months, market participants continue to look for clues from the FOMC's policymakers as to when an end to the current tightening cycle might be in sight," Glenn Haberbush, economist at Mizuho Securities, told Reuters.

In currency trading, the euro bought $1.11730, down from $1.1768 late Friday. The dollar bought ¥118.96, down from ¥119.13 in the previous session.

--from staff and wire reports

______________________

For bond charts, click here.