U.S. 30-Year Bonds Erase Drop; Yield Is Little Changed at 2.71%

Treasuries erased a decline, leaving the yield on the 30-year securities little changed at 2.71 percent as of 7:38 a.m. London time. The rate earlier rose as much as two basis points to 2.73 percent.

U.S. 10-year note yields were also little changed at 1.60 percent, after rising two basis points to 1.62 percent.

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

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