TREASURIES-Thirty-year bonds drop a full point in price

NEW YORK Tue Dec 18, 2012 1:10pm EST

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NEW YORK Dec 18 (Reuters) - U.S. 30-year Treasuries bond prices fell a full point on Tuesday as increased optimism that lawmakers would reach a deal to avert the "fiscal cliff" reduced demand for safe haven bonds.

The bonds were last down 27/32 in price to yield 2.99 percent, after rising as high as 3.001 percent. The debt closed on Monday at yields of 2.95 percent.

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