NEW YORK (MarketWatch) -- Treasury prices fell for a third day on Tuesday, pushing 30-year yields above 3%, as investors shifted back into riskier assets like stocks and commodities and bond traders set up for the first government debt auction since the Federal Reserve's meeting last week. "The Treasury market was under modest pressure overnight with the long-bond leading the downtrade as global equities continued to bounce," said bond strategists at CRT Capital Group. Yields on 10-year notes 10_YEAR +3.68% , which move inversely to prices, rose 7 basis points to 1.97%. Yields on 30-year bonds 30_YEAR +3.04% increased 10 basis points to 3.09%. Still to come are data on U.S. home prices and consumer confidence.
