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Markets

Euro Bonds turn negative as stocks advance

Published Updated

 LONDON: March Bond futures turned negative on Monday as crude oil pared earlier gains and European equities turned positive.

Bond futures were last 13 ticks lower at 123.03, having earlier risen as high as 132.32 on the back of safe-haven bids with unrest in Libya escalating.

Two-year bond yields were half a basis point lower at 1.765 percent, with 10-year yield up a basis point at 3.296 percent.

Copyright Reuters, 2011

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