Survey: Scaled-back Treasury auctions would take heat off yields

The increase in yields on U.S. government bonds could slow down, as the Treasury Department starts backing away from its plan to increase the size of debt auctions, said securities firms and banks polled by Bloomberg. Flattening out the volume of auctions would reduce the spread between two-year and 10-year notes from last month's 2.90 percentage points to 2.15 percentage points by the end of this year, they said.