May 06, 2013 at 15:51 PM EDT
Yields Climb As Investors Brace For T-Debt Auctions
Treasury 10-year note yields rose to a three-week high as the U.S. prepared to sell $72 billion of debt this week with the jobs market showing signs of recovery. The U.S. will auction $32 billion in three-year notes tomorrow, $24 billion in 10-year notes the next day and $16 billion of 30-year bonds on May 9. The 10-year yield rose 11 basis points on May 3, the most since Sept. 14, after a report showed employment gained more
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