U.S. 10-Year Yield at Almost 1-Week High Before Note, Bond Sales

Treasury 10-year note yields traded at almost a one-week high before the U.S. auctions $32 billion in three-year debt tomorrow, the first of three sales of notes and bonds this week totaling $72 billion.

U.S. debt rose earlier, snapping a decline from last week, amid speculation that central banks will take steps to stimulate growth and as political strains in Europe threaten to worsen the region’s debt crisis. Treasuries returned 6.8 percent during the past 12 months, according to Bank of America Merrill Lynch indexes, one year after Standard & Poor’s Corp. downgraded the U.S. Yields rose Aug. 3 after a report showed U.S. jobs growth exceeded forecasts.