Treasuries Rise in Asia on Concern Europe’s Debt Plan Faltering
Treasuries climbed in Asian trading amid concern Greek Prime Minister George Papandreou’s pledge to put the European Union’s financing package to a referendum risks a disorderly default if rejected.
The yield on 30-year debt fell 2 basis points, or 0.02 percentage point, to 2.98 percent as of 9:06 a.m. in Tokyo.
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