Bloomberg News

Treasuries Fall After Commodity Gains Add to Inflation Concern

July 05, 2011

July 6 (Bloomberg) -- Treasuries declined as gains in commodity prices added to concern that inflation will quicken.

The yield on the benchmark 10-year note rose two basis points to 3.14 percent as of 12:21 p.m. in Tokyo, according to Bloomberg Bond Trader prices.

To contact the editor responsible for this story: Nicholas Reynolds at nreynolds2@bloomberg.net


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