Treasuries rise as 5-year notes climb to highest since June

U.S. Treasuries increased on Tuesday with the 5-year securities reaching the highest level since June before an auction totalling $35 billion of 2018 notes today. The benchmark 10-year government bonds were little changed yielding at 2.73% by 6:51 a.m. London time, while the 5-year Treasuries fluctuated at 1.34%, 1.04% more than investors get from 2-year securities.