Treasuries Fall on Investor Confidence for Europe Deal

Treasuries declined, shoving ten-year yields higher for the 3rd day, as hopefulness that the finance ministers of Europe are near to a debt-reduction pack for Greece damped refuge demand. 10-year yields climbed to nearly 2-week high as the United States sold $13 billion in TIPS (Treasury Inflation Protected Securities) of the same maturity at higher-than-predicted yield of negative 0.72%. The debt of US government, due in ten year and even longer, has paid back 2.2% in the last month, the highest

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