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MW:Treasurys slip before auction, Fed minutes
 
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices slipped on Wednesday, pushing yields up from their lowest in about five weeks, ahead of the government's sale of benchmark 10-year notes. Also, the Federal Reserve will release minutes from its latest monetary-policy meeting, when it extended its bond-purchase program known as Operation Twist. Eyes are still on Europe as well. "With 10-year yields flirting with the psychological 1.50% level for days now, it's hard to argue for very strong demand for 10-year notes despite the lurking euro zone risks, especially in the absence of a near-term catalyst," said George Goncalves, a bond strategist at Nomura Securities. Yields on 10-year notes 10_YEAR +0.66% , which move inversely to prices, rose 1 basis point to 1.52%.
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