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MW: Treasurys inch up ahead of home sales report
 
By Deborah Levine

NEW YORK (MarketWatch) -- Treasurys gained slightly in early trading Tuesday ahead of a report expected to show pending home sales continue to slow. Ten-year note yields fell 1 basis point to 2.72%. Treasurys also pivoted along with U.S. equities futures as hope of an auto-industry rescue plan ebbed. A better-than-expected German gauge of economic sentiment also weighed on Treasurys. Gains may be limited as traders prepare to bid on a more-than anticipated $44 billion in notes being auctioned Wednesday and Thursday.
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