Ten year Treasury notes fell on Wednesday after a new government report showed that retail sales in January were longer than expected, reducing demand for safe-haven investments such as bonds.
The Commerce Department said retail sales were up 0.3 percent for the month. Analysts had expected a rise of 0.2 percent.
Two-year treasuries, which are most sensitive to cuts in borrowing costs, were flat, yielding 1.917
Ten Year notes were down 17/32 to yield 3.726.