Bloomberg News

Treasuries Decline as Euro Officials Said to Agree on Greece

February 20, 2012

Feb. 21 (Bloomberg) -- Treasuries declined after euro-area finance ministers were said to reach agreement on a second bailout package for Greece, sapping demand for haven assets.

The yield on 10-year securities rose four basis points, or 0.04 percentage point, to 2.04 percent, according to Bloomberg Bond Trader prices as of 12:21 p.m. in Tokyo. Two-year yields climbed one basis point to 0.31 percent, the highest level since Oct. 27.

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

To contact the editor responsible for this story: Benjamin Purvis at bpurvis@bloomberg.net


Best LBO Ever
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus