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Oct. 27 (Bloomberg) -- U.S. government bonds fell, as signs that a strategy to combat Europe’s debt crisis is almost in place damped demand for the relative safety of Treasuries.
Thirty-year bond yields rose two basis points to 3.24 percent at 10:52 a.m. in Tokyo.
European leaders are set to ratify an agreement with banks on a 50 percent writedown of Greek debt, said a European official who requested anonymity because the deliberations remained private.
The figure would pave the way for a broader package to recapitalize banks and boost a rescue fund.
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