Treasuries Little Changed Before $32 Billion 3-Year Sale
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Treasuries were little changed before the government sells $32 billion of three-year notes, the first of three auctions of coupon-bearing debt this week totaling $72 billion.
Ten-year yields earlier today as the U.S. will sell $24 billion of the securities tomorrow and $16 billion in 30-year bonds on Feb. 14. The Federal Reserve purchased $3.3 billion of securities maturing between February 2020 and November 2022 today as part of its plan to bolster the economy.