U.S. treasuries tumble on Spain's possible bailout

Note: This section contains information in English only.
Source: Bloomberg
© scanpix/reuters
U.S.treasuries dropped, driven by 30-year bonds,  on growing hopes Spain will finally ask for a bailout, halting investors' appetite for the safest assets.10-year note yields rallied, after investors bet at lowest rates in two months amid gradual economic recovery in the U.S. Yields on 30-year bonds gained 0.03 percentage points to 2.75%, after touching their low of 2.70% on November 13. The 2.75% security maturing November 2042 lost $ 5.31 per $ 1,000 to 99 30/32, whereas yields on 10-year bonds added 2 basis points to 1.62%.
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