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TREASURIES-U.S. 2-year yield rises near 4-week highs

NEW YORK, July 25 (Reuters) - The yield on U.S (Other OTC: UBGXF - news) . two-year Treasury notes rose on Monday near their highest levels in four weeks before a $26 billion auction of two-year debt at 1 p.m. (1700 GMT), the first leg of this week's $88 billion in coupon-bearing securities.

On the open market, the most actively-traded two-year notes was down 1/32 in price for a yield of 0.727 percent, up 2 basis points from late on Friday.

(Reporting by Richard Leong)