Treasuries slip as economists see solution about new budget

U.S. Treasuries decreased on Friday falling for the first time in a 3-day period after Larry Fink from BlackRock Inc. and Pacific Investment Management's Bill Gross claimed that Barack Obama and U.S. policymakers will find a solution about the federal budget. The benchmark 10-year government bond yielded at 2.62%, down 0.02%, by 6:59 a.m. London time.