Business & Finance

Bonds extend falls after German parliament news

NEW YORK : US Treasuries prices added to losses on Wednesday after news that Germany 's lower house of parliament appro
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An increase to the 440-billion-euro bailout fund's firepower is seen as critical to help contain Europe's deepening sovereign debt crisis.

Benchmark 10-year Treasury notes last traded down 14/32 in price with a yield of 2.16 percent, up 5 basis points from late on Tuesday.

 

Copyright Reuters, 2011