Treasuries drop before U.S. sells $96 billion in notes

Source: Bloomberg
Treasury notes due to 2024 dropped for the first time in three days ahead of the U.S. selling $96 billion of fixed-rate notes. The U.S. 10-year yield climbed 0.03 percentage point, to 2.77% as of 8:37 a.m. in New York. The 2.75% note due in February 2024 fell $2.50 per $1,000, to 99 26/32. The interest rate advanced to 2.82% on Mar 7, the level unseen since Jan 23.
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