Bloomberg News

U.S. Treasury 30-Year Bond Drops; Yield Approaches Two-Week High

October 12, 2011

Oct. 12 (Bloomberg) -- U.S. 30-year Treasuries fell, pushing the yield toward the highest in almost two weeks.

The yield rose two basis points, or 0.02 percentage point, to 3.12 percent as of 8:45 a.m. in London. The yield reached 3.125 yesterday, the most since Sept. 28.

Ten-year yields advanced by one basis point to 2.17 percent.

To contact the reporter on this story: Lukanyo Mnyanda in Edinburgh at lmnyanda@bloomberg.net

To contact the editor responsible for this story: Tim Farrand at tfarrand@bloomberg.net


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