Treasuries Are Little Changed Before Record $104 Billion Sales

Treasuries were little changed, erasing earlier gains, as the market prepares for a record $104 billion of auctions next week.

Bonds headed for a weekly loss on concern the government will continue to increase borrowing even after overseas demand for U.S. assets slowed in April. The yield differential between 2- and 10-year notes held near the widest in more than a week as reports signaled the world’s largest economy is recovering...

Bloomberg: Treasuries Are Little Changed Before Record $104 Billion Sales