May 23, 2017 / 5:22 PM / 7 months ago

TREASURIES-U.S. yields hover near session highs after 2-year auction

NEW YORK, May 23 (Reuters) - U.S. Treasury debt yields retreated slightly from their session highs on Tuesday after solid demand at a $26 billion auction of a new two-year note issue, the first part of the $88 billion in coupon-bearing government debt supply this week.

At 1:16 p.m. Eastern time (1716 GMT), the benchmark 10-year yield was 2.273 percent, up nearly 2 basis points from late on Monday, while the two-year yield was 1.307 percent, which was almost 3 basis points higher on the day, Reuters data showed. (Reporting by Richard Leong; Editing by Chris Reese)

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