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Treasurys edge lower ahead of $64 bln in auctions
NEW YORK (MarketWatch) -- Treasurys prices slipped Monday, sending yields higher ahead of a week of $64 billion in government debt sales. The Treasury Department will sell $30 billion in 3-year notes on Tuesday, $21 billion in 10-year notes on Wednesday, and $13 billion in 30-year bonds on Thursday. Ahead of the auctions, the 10-year note yield, which rises as prices fall, was up half a basis point at 2.795%, while the 30-year bond yield rose half a basis point to 3.728%, and the 5-year note yield rose half a basis point to 1.643%, according to Tradeweb.
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