By Ben Eisen
NEW YORK (MarketWatch) -- Longer-maturing Treasury prices fell slightly on Thursday, extending losses into a third consecutive session ahead of an auction of 7-year 7_YEAR +0.50% notes. The 7-year note yield, which moves inversely to price, rose nearly 1 basis point to 1.997%, while the benchmark 10-year note 10_YEAR +0.66% yield rose 1 basis point to 2.601%. The 30-year bond 30_YEAR +0.30% yield rose half a basis point to 3.655%. The Treasury Department will auction $29 billion of 7-year notes at 1 p.m. Eastern, its third auction this week. Data on tap include durable goods orders and jobless claims, both at 8:30 a.m.
