More than any of the other related markets that we typically track, Treasuries have been almost completely unchanged since last Friday morning's rate spike.  The chart says it all:

Unless Wednesday's Producer Price Index or the 10yr Treasury auction hold some surprises, we're essentially waiting until Thursday morning for this week's most meaningful data to show up.  That's not to say that nothing interesting will happen between now and then in terms of market movement.  But we can say that's been the case so far today.

10's are currently perfectly unchanged at 2.939 and Fannie 4.0 MBS are down 1 small tick (0.03) at 101-14 (101.44).