Treasuries Fall With Bunds as ECB Said to Build Taper Consensus

Updated on
  • Benchmark U.S. 10-year notes decline for a third day
  • Long-dated securities lead losses as yield curve steepens

Treasuries fell, following euro-area debt lower, after a Bloomberg report said the European Central Bank will gradually wind down bond purchases before the conclusion of its 1.7 trillion-euro ($1.9 trillion) quantitative-easing program.

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