NEW YORK (CNNmoney.com) - Bonds gained Monday after a report on existing home sales said they came in weaker than expected.

The dollar was mixed.

The benchmark 10-year note rose 5/32 to 100-23/32 to yield 4.40 percent, down from 4.43 Friday. The 30-year bond added 21/32 to 111-4/32 to yield 4.62 percent, down from 4.66 in the previous session. Bond prices and yields move in opposite directions.

In shorter-dated debt, the two-year note gained two ticks, yielding 4.32 percent, and the five-year note added 5/32, also yielding 4.32 percent.

The National Association of Realtors said sales of previously owned homes fell to an annual rate of 7.09 million in October, down from the revised 7.29 million pace in September.

Economists surveyed by Briefing.com had forecast that sales would slip to a 7.20 million rate in October.

Slowing home sales could take some steam out of the real estate market, which is a component of most inflation indicators and has been rising rapidly over the last several years. Inflation hurts bonds as it erodes the value of the fixed interest-paying investment.

In currency trading, the euro bought $1.1847, up from $1.1721 Friday.

The dollar bought ¥118.82, up from ¥118.63 in Friday's session.

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