Bloomberg News

Treasuries Give Up Gain; 10-Year Yield Little Changed at 2.20%

October 26, 2011

Oct. 27 (Bloomberg) -- Treasuries gave up an earlier gain after after a European official said euro-area leaders are close to approving an agreement with banks on a 50 percent writedown of Greek debt.

Benchmark 10-year Treasury yields were little changed at 2.20 percent at 10:38 a.m. in Tokyo after earlier dropping 2 basis points to 2.18 percent.

To contact the reporter on this story: Wes Goodman in Singapore at wgoodman@bloomberg.net

To contact the editor responsible for this story: Jonathan Annells at jannells@bloomberg.net


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