TREASURIES-Prices extend losses after 5-year note auction
NEW YORK Jan 29 (Reuters) - U.S. Treasury debt prices deepened losses following an auction of $35 billion of five-year Treasury notes on Tuesday.
Benchmark 10-year Treasury notes were trading 7/32 lower in price to yield 1.99 percent, up from 1.96 percent late Monday. The notes had been trading 5/32 lower in price directly ahead of the auction.
Benchmark yields briefly broke above two percent on Monday for the first time since April.