Treasuries Tumble as U.K. Polls Curb Demand for Safest Assetsby
Treasuries fell as a polls showed a tilt in favor of Britain remaining in the European Union, curbing demand for the safest assets.
Benchmark U.S. 10-year note yields climbed five basis points to 1.65 percent as of 9:12 a.m. in Tokyo, according to Bloomberg Bond Trader data. The 1.625 percent security due in May 2026 dropped 13/32, or $4.06 per $1,000 face amount, to 99 3/4.