U.S. Treasuries shorter tenors show slight relative strength in the early going.
Treasuries shorter tenors into positive territory while the long bond underperforms. Later in the day, the U.S. Treasury will sell $58 bln in 3-yr notes.
Crude oil hovers near $82/bbl
U.S. Dollar Index is flat at 99.85.
Yields:
2-yr: -1 bp to 4.23%
3-yr: UNCH at 4.30%
5-yr: UNCH at 4.41%
10-yr: +1 bp to 4.71%
30-yr: +2 bps to 5.26%