US bonds fall as Italy proposes austerity measures

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters

On Monday US Treasuries declined as Italy's proposed austerity measures to reduce government debt hurt demand for US assets. 10-year borrowing costs climbed 3 basis points reaching 2.07% Roger Bridges, Tyndall Investment Management Ltd manager of fixed income predicts that US yields will increase further as investors regain confidence towards Europe. 

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