MW: Treasurys fall ahead of Fed decision, 5-year sale
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices fell on Wednesday, pushing yields up a day after the biggest drop since September, before the Federal Reserve concludes its policy meeting and the government sells 5-year notes (UST5YR 2.41, -0.15, -5.81%) . Yields on 10-year notes (UST10Y 3.68, -0.12, -3.23%) , which move inversely to prices, rose 4 basis points to 3.73%, after dropping Tuesday by the most in more than seven months. "The long end of the Treasury curve has struggled after probing significant resistance levels yesterday," said strategists at RBS Securities.
