Bloomberg News

Treasuries Fall as Gains in Asian Shares Curb Demand for Safety

By Candice Zachariahs
September 06, 2011

Sept. 7 (Bloomberg) -- Treasuries fell as gains in Asian shares curbed demand for the safety of government debt.

The yield on the 10-year note rose two basis points to 2 percent as of 9:56 a.m. in Tokyo, according to Bloomberg Bond Trader prices.

To contact the reporter on this story: Candice Zachariahs in Sydney at czachariahs2@bloomberg.net

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net

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