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MW: Treasurys edge lower ahead of 10-year auction
 
By Ben Eisen

NEW YORK (MarketWatch) -- Treasurys fell modestly Wednesday morning, putting the safe-haven bonds on track for their fourth straight day of losses. The 10-year note 10_YEAR -0.17% yield, which moves inversely to prices, rose 1 basis point to 1.794%. The 30-year bond 30_YEAR -0.13% yield rose nearly 2 basis points to 3.017% while the 5-year note 5_YEAR -0.27% rose half a basis point to 0.755%. One-hundred basis points is equal to 1%. With little economic data Wednesday, the market will turn toward a monthly auction of $24 billion 10-year notes to help drive pricing.
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