U.S. Treasuries are on track for a lower start with longer tenors expected to show early weakness. Treasury futures stumbled out of the gate last evening,
U.S. Treasury will hold a $45 bln 2-yr note auction.
The U.S. Dollar Index is down 0.3% at 106.38.
2-yr: +3 bps to 3.02%
3-yr: +2 bps to 2.96%
5-yr: +3 bps to 2.90%
10-yr: +4 bps to 2.82%
30-yr: +5 bps to 3.05%