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TREASURIES-Thirty-year bonds drop a full point in price
December 18, 2012 / 6:11 PM / 5 years ago

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

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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