Treasurys declined Wednesday, pushing yields up, as the size of the government's stimulus package grew to nearly $900 billion.
Ten-year note yields (UST10Y) rose 2 basis points to 2.56%. A basis point is 0.01%.
A larger spending plan leads to more debt issuance, making investors demand higher yields.
President Barack Obama's stimulus proposal may be voted on by the House of Representatives later Wednesday.
Reports that the government is moving closer to creating a "bad bank" to buy up toxic assets that have wreaked havoc on the global financial system is also reducing investors' desire for the relative safety of U.S. debt.
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