Bloomberg News

Treasuries Fall as China Plans to Help Solve Euro Debt Crisis

February 14, 2012

Feb. 15 (Bloomberg) -- Treasuries fell for the first time in four days after People’s Bank of China Governor Zhou Xiaochun said China will participate in resolving Europe’s debt crisis, reducing demand for haven assets.

The yield on the benchmark 10-year note rose two basis points to 1.95 percent as of 11:38 a.m. in Tokyo.

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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