Treasuries Rise on Euro Debt Concern; Yield at 1-Week Low

Treasuries rose, pushing 10-year note yields to the lowest level in more than a week, after Group of 20 nations rebuffed German-led calls for financial support to contain Europe’s sovereign-debt crisis.

Thirty-year bonds advanced for a fourth straight day as investors sought the relative safety of U.S. debt even as Germany’s lower house of parliament approved a second euro-region Greek bailout package worth 130 billion euros ($174 billion). The Federal Reserve bought $5 billion of Treasury notes under its program to keep borrowing costs low.