Wed, 28 Aug 2013 15:25:05 GMT
Treasuries drop ahead of five-year auction today, GDP report tomorrow
Treasuries declined, with five-year bonds snapping a three-day increase, ahead of the U.S. auctions $35 billion of the bonds today. The U.S. five-year bond yield advanced two basis points to 1.55% and the 1.375% security expiring in July 2018 retreated 3/32 to 99 7/32. The 10-year note yield gained to 2.73%.