European Bonds Advance; 10-Year Yield Falls to 4.10 Percent

European government bonds advanced, snapping two days of declines.

The yield on the 10-year bund, Europe's benchmark, fell 2 basis points to 4.10 percent by 10:15 a.m. in London.

The price of the 4.25 percent security due July 2017 rose 0.13, or 1.3 euros per 1,000-euro ($1,465) face amount, to 101.17.

The yield on the two-year note fell 2 basis points to 3.77 percent.

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