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Treasuries Gain as Greek Indecision on Pension Cuts Spurs Demand for Haven

Treasuries gained as the failure of Greek leaders to agree on pension cuts threatened to derail talks on an international rescue package, spurring demand for the safety of U.S. government debt. Ten-year yields fell two basis points to 2 percent as of 9:20 a.m. in Tokyo.

To contact the editor responsible for this story: Naoto Hosoda at nhosoda@bloomberg.net

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