Wes Goodman

Treasury 10-year notes fell for the first time in three days before the U.S. sells $96 billion of fixed-rate notes this week.

Treasuries fell for a fifth day, reversing earlier gains, before the U.S. government sells $64 billion of notes and bonds this week.

The extra yield U.S. corporate bonds offer compared with Treasuries approached a six-year low as investors speculated the economy will pick up after the North American winter ends.

Treasuries fell, following a four- week gain, after President Barack Obama said he was confident the U.S. will avoid the automatic spending cuts and tax increases scheduled to occur at year-end.