Treasuries fall before reports showing improvement in economy

U.S. Treasuries declined on Tuesday falling to the lowest level in more than three years relatively to stock prices before a government report showed that the U.S. durable goods orders and new home sales rose last month suggesting that the Fed may taper more. The 10-year benchmark bonds yields traded at 2.93% by 8:53 a.m. London time, the most since September 11.