Mon, 26 Aug 2013 08:54:03 GMT
Treasuries drop ahead of data on durable goods, home prices
Treasuries declined, cutting a two-day increase, ahead of a report that is expected to indicate an advance in big-ticket item orders other than transportation equipment. The U.S. 10-year bond yield jumped to 2.83% and the 2.5% security maturing in August 2023 dropped to 97 5/32. U.S. is set to auction two-, five- and seven-year bonds total worth of $98 billion this