Bloomberg News

Treasuries Fall as Gains in Stocks Sap Demand for Safety Assets

November 27, 2011

Nov. 28 (Bloomberg) -- Treasuries fell as gains in Asian stocks in early trading reduced demand for haven assets.

The yield on the benchmark 10-year bond rose 5 basis points to 2.012 percent as of 9:21 a.m. in Tokyo. The MSCI Asia Pacific Index of shares climbed 1.2 percent.

To contact the reporter on this story: Monami Yui in Tokyo at myui1@bloomberg.net

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


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