Photo: People walk past the U.S. Treasury Department in Washington, D.C., on January 18, 2023. (Photo by Anna Moneymaker/Getty Images) People walk past the U.S. Treasury Department in Washington, D.C., on January 18, 2023. (Photo by Anna Moneymaker/Getty Images)

The U.S. Treasury Department increased its planned sales of longer-term securities by slightly less than most dealers expected in its quarterly debt-issuance plan, helping spur a rally in bonds amid the possibility that a wave of bigger supply will soon come to an end.

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