Tue, 08 Oct 2013 08:48:03 GMT
Treasuries fell as negotiations about new debt ceiling persist
U.S. Treasuries' yields advanced on Tuesday as investors sought compensation for risk amid persisted negotiations between the U.S. President Barack Obama and Republicans in Congress about increasing the debt ceiling. The benchmark 10-year yields were traded at 2.63% as of 6:39 a.m. London time, while the rates of $93 billion bills due on October 24 rose 0.18% yesterday.