Yields on treasuries edge up ahead of 3-year auction

On Tuesday, prices for treasuries declined, pushing yields up, as investor eyed the upcoming auction of 3-year government debt in the U.S, which may provide some clue on the discount potential of another round of monetary stimulus. Yields on 10-year notes gained 2 basis rose, and reached 1.68%. While yields on 3-year bonds increased by 0.01%, reaching 0.33%.