March 10 (Bloomberg) -- Treasuries fell, eroding this month’s gains, as investors prepared to buy a record $34 billion of three-year notes the U.S. government is selling today.
The Treasury Department is also scheduled to auction $18 billion of 10-year debt tomorrow and $11 billion of 30-year bonds on March 12. BillionaireWarren Buffett and Marc Faber, publisher of the Gloom, Boom and Doom Report, both said government efforts to spur growth may lead to inflation.
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