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Treasurys dip as fears ease over Japan's crisis

Treasurys dip as fears ease over Japan's crisis

U.S. Treasurys are edging slightly lower as worries ease over Japan's nuclear crisis.
In light trading Tuesday, the price of the 10-year Treasury note is down 9.3 cents for every $100 invested. The lower price pushed the yield to 3.35 percent from 3.33 percent late Monday. Bond yields rise when prices fall.
Fears over Japan's nuclear crisis had sent investors into the refuge of Treasurys last week, dropping Treasury yields to lows for the year.
Efforts to cool a leaking nuclear plant in Japan appeared to make progress on Tuesday. Workers hooked up power lines to all six of the crippled complex's reactor units. With the power lines connected, officials hope to restart the plant's cooling system that was knocked out during the March 11 earthquake and tsunami.


Updated : 2021-07-25 19:00 GMT+08:00