Bloomberg News

Treasuries Fall, Snap Three-Day Advance, as Asian Stocks Rise

By Nicholas Reynolds
July 13, 2011

July 13 (Bloomberg) -- Treasuries declined, snapping a three-day advance, as gains in Asian stocks reduced demand for safer assets.

The yield on the benchmark 10-year note rose two basis points to 2.89 percent as of 9:27 a.m. in Tokyo, according to Bloomberg Bond Trader pricing.

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

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