As reported to the FAA. Reports are unverified, and codes are left as the FAA publishes them.
What was found
(CAN) ACFT HAD ENGINE 1 BLEED ON MEL. WHILE CLIMBING OUT OF FL 345 ENGINE 2 BLEED ABNORMAL PRESSURE OCCURRED. ACFT DECLARED AN EMERGENCY AND SQUAWKED CODE 7700 AND COMMENCED THE CHECKLIST. DESCENT STOPPED AT FL290 AFTER ENGINE 2 BLEED RECOVERED. ACFT CONTINUED TO DESTINATION AT FL240 FOR A SAFE LANDING. HP BLEED VALVE REPLACED IAW AMM 36-11-51 PB401.