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MW: Treasurys up slightly before Fed, auction
 
By Deborah Levine
NEW YORK (MarketWatch) -- Short-term Treasury prices rose slightly and benchmark 10-year notes were little changed Wednesday as investors waited for what Federal Reserve officials would say in their post-meeting statement, first-time interest-rate forecasts and Fed Chairman Ben Bernanke's news conference. Before all that, the U.S. will sell 5-year notes 5_YEAR -0.89% . Yields on 2-year notes 2_YEAR +2.88% , considered most sensitive to monetary policy expectations, slipped 1 basis point to 0.25%. Yields move inversely to prices. Ten-year yields 10_YEAR -0.53% were little changed at 2.06%.
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