The 10-year Treasury yield fell seven basis points to 4.02% and similar-dated German and UK rates dropped 10 basis points. The week’s auctions sales start with $42 billion of three-year notes on Tuesday, followed by $38 billion of 10-year notes Wednesday. Tail PatternAhead of each sale, the market is expected to push yields higher to draw in more buyers and leave primary dealers holding less paper to unload after the auction. “The swiftness and unexpected nature of yields moving higher means there’s still more unwinding of the long duration trade to come,” said T. Rowe’s Bartolini. Most Read from Bloomberg Businessweek©2023 Bloomberg L.P.