TREASURIES-Unchanged in Asia before U.S. sales data

TOKYO, Feb 13 (Reuters) - U.S. Treasuries barely moved in Asia on Wednesday, keeping the yield on two-year bonds near a four-year low, as investors awaited retail sales data due later in the day to better determine how much the economy is slowing.

Debt prices found their footing after stumbling on Tuesday following news that billionaire investor Warren Buffett had launched an offer to take over some of the liabilities held by struggling bond insurers, which had boosted stocks and cooled demand for safe-haven bonds.

Some investors picked up bonds on dips after the slide in the previous session, and dealers said that concerns about a weak economy and ongoing interest rate cuts by the Federal Reserve would continue to support the market.

Focus was on retail sales figures due at 1330 GMT. Sales are expected to have fallen 0.2 percent in January, adding to a 0.4 percent slide in December. Still, sales excluding autos are seen rising 0.2 percent last month.

"The market is expecting a weak reading, it's just a matter of how much weakness is already factored in," said a dealer at a Japanese trust bank.

"If a disappointing number does not trigger selling in stocks, we would see some downward pressure on Treasuries."

Also due is a reading on the U.S. trade deficit, which is projected to narrow moderately to $61.5 billion in December, from $63.12 billion in November.

Treasury futures TYv1 edged up 7/32 to 117-3.5/32.

Benchmark 10-year notes <US10YT=RR> rose 2/32 in price to yield 3.652 percent, down slightly from 3.662 percent on Tuesday.