Treasurys were mostly lower Wednesday before the government continues its record-sized auctions of U.S. government debt. Ten-year note yields rose 2 basis points to 2.82%. Traders are also closely watching how U.S. equity markets react to President Obama's address to Congress late Tuesday. Also expected at 10 a.m. Eastern time is a report on existing home sales. Federal Reserve Chairman Ben Bernanke will again be speaking to Congress.