Bloomberg News

U.S. 10-Year Treasuries Little Changed as ECB Leaves Rate at 1%

May 03, 2012

U.S. government bonds stayed little changed after the European Central Bank left its benchmark interest rate at a record low of 1 percent.

Benchmark 10-year note yields were little changed at 1.93 percent at 12:53 p.m. London time.

The ECB’s decision was predicted by all 58 economists in a Bloomberg survey. ECB President Mario Draghi will hold a press conference at 2.30 p.m. in Barcelona, Spain.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net


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