Treasuries drop as U.S. debt ceiling debate continues

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Source: Bloomberg
© Scanpix/FP
Treasuries declined on Friday falling from the strongest levels this week amid speculations that negotiations over the new debt ceiling in Washington may result in raising the debt limit in time avoiding the technical default. The benchmark 10-year government bonds were little changed at 2.68%, while the 2.5% security due in August 2023 was at 98 ½.

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Fri, 11 Oct 2013 11:27:03 GMT

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