Treasuries Decline as Euro Officials Said to Agree on Greece
February 20, 2012, 10:54 PM ESTBy Wes Goodman
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
