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MW: Treasurys slip ahead of 7-year note auction
 
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices declined in early trading on Wednesday, pushing longer-term yields higher, before the government's last auction of the week. It will sell $29 billion in 7-year notes (UST7YR 1.86, +0.02, +0.92%) . Analysts noted that investors who try to keep pace with benchmark indexes usually have to buy bonds at the end of the month, which will likely limit a decline. Yields on 10-year notes (UST10Y 2.48, +0.01, +0.57%) , which move inversely to prices, rose 1 basis point to 2.48%.
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