NEW YORK (AP) -- The bond market is nervously watching the rioting in Greece in reaction to the country's belt-tightening efforts.
The stock market rallied after the Greek parliament Monday approved cuts to clear the way for a vital international bailout. Greeks have taken to the streets of Athens to protest.
Bond traders appear skeptical that the cuts will be enough to resolve Greece's debt problems. Bond prices are bouncing between small gains and losses.
The yield on the benchmark 10-year Treasury note has remained under 2 percent, even as its price edged lower by 6 cents per $100 invested. The yield is 1.99 percent, up from 1.98 percent late Friday.
The yield on the 30-year Treasury bond also rose, to 3.14 percent from 3.13 percent Friday.
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