Treasuries Rise, Reversing Loss, as Asian Share Slide Boosts Debt Demand

Treasuries rose, with 10-year notes reversing earlier losses, as a slide in Asian stocks boosted demand for the relative safety of U.S. government debt.

The yield on the benchmark 10-year security climbed three basis points to 2.53 percent as of 1:01 p.m. in Tokyo, according to Bloomberg Bond Trader prices.(Bloomberg)