NEW YORK (CNNfn) - Bonds and the dollar both enjoyed a quiet day Monday, as investors paused to consolidate positions after solid gains in both markets last week.
But while the dollar held within a narrow range, hardly moving from last week's levels, bond investors took the opportunity to do some selling, leaving the bond market to close with moderate losses.
The benchmark 30-year Treasury bond fell 1/2 of a point in price, raising the yield to 5.82 percent.
Activity in the market was further muted by the absence of economic data releases.
Meanwhile, the dollar finished barely higher against the German mark, and slightly lower against the Japanese yen. Comments by Japan's top central banker Masaru Hayami, who told the Financial Times newspaper that helping the country's economy was more important than balancing Japan's budget, also weighed slightly on the dollar. 
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