Treasury prices were lower after the government sold $35 billion of five-year notes, the second of three auctions this week.
The 10-year note lost 46.87 cents for every $100 invested. The 10-year yield edged up to 3.49 percent from 3.44 late Monday. Bond yields rise when their prices fall.
The Treasury Department paid a yield of 2.26 percent compared to 2.19 percent it paid for the previous five-year note auction last month. Investors placed bids for 2.79 times the amount offered, slightly better than the average of 2.76 for the last four auctions.
The five-year note's yield ended the day at 2.23 percent. Though higher than Monday's close of 2.18 percent, it was slightly lower than the yield at the auction.
The Treasury Department expects to raise a total of $99 billion this week through three debt auctions. The next and final sale happens Wednesday with $29 billion of seven-year notes.
The 30-year bond fell 75 cents for every $100 invested. That sent its yield up to 4.54 percent, from 4.50 late Monday.
In the market for short-term Treasury bills, the three-month T-bill paid a 0.09 percent yield. Its discount was also 0.09 percent.