The Treasury is also scheduled to announce today the sizes of three note sales scheduled for next week.
The U.S. will probably auction $35 billion of two-year debt on Feb. 25, the same amount of five-year notes the following day and $29 billion of seven-year securities on Feb. 27, according to Wrightson ICAP LLC, an economic advisory company based in Jersey City, New Jersey.
In a sign of demand for inflation insurance among some investors, 10-year TIPS yield minus 0.55 percent.
The difference between yields on 10-year notes and same- maturity TIPS, a gauge of trader expectations for consumer prices over the life of the debt, was 2.55 percentage points. The average over the past decade is about 2.2 percentage points.