Treasuries fall as Democrats consider short-term debt limit increase

U.S. Treasuries declined for the third successive day on Thursday amid signs that debates about new debt ceiling in the U.S. may come to an end as Democratic leaders consider a short-term raise in the debt limit in order to avoid technical default. The benchmark 10-year yields dropped 0.02% to 2.69% as of 8:55 a.m. in London after it touched 2.70% earlier, the most since September 24.