Treasury prices lower on hopes from Europe talks

NEW YORK (AP) — Investors stayed away from Treasurys Tuesday on hopes that European leaders will be able to reach a viable solution to that region's debt crisis.

The benchmark 10-year Treasury fell 43.7 cents for every $100 invested. The yield edged up to 2.09 percent, from 2.04 percent late Monday.

A crucial summit of European leaders wraps up Friday. Traders hope to see concrete solutions to restore long-term confidence in the euro and rescue the region from the sovereign debt crisis that has roiled world markets for months.

Threatened by fears their joint currency may not survive, German Chancellor Angela Merkel and French President Nicolas Sarkozy are trying to …