Treasuries End Higher

Treasuries rose following a solid $25 billion 2-year auction

Treasuries ended in positive territory following an aggressive stellar 2-year auction.

There was some position-squaring before tomorrow's reports on Initial Jobless Claims, which S&P's MarketScope sees up 4,000 to 14,000. Durable Goods Orders are seen up 1% to 1.6%. New home sales are seen up to 1.120 million to a 1.125 million annual rate. And final first-quarter GDP revision is due Friday, which is seen unchanged at 4.4% to up to 4.5%.

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