WASHINGTON -- Treasury bond prices sank yesterday, more than wiping out the small gains mustered Tuesday after the Federal Reserve raised short-term interest rates 3/4 of a point.

Treasury Market Yields Previous Previous Wednesday Week Month3-Month Bill 5.49 5.33 5.016-Month Bill 6.02 5.85 5.551-Year Bill 6.56 6.31 6.052-Year Note 7.11 7.01 6.633-Year Note 7.42 7.36 6.925-Year Note 7.71 7.66 7.337-Year Note 7.83 7.81 7.5110-Year Note 7.95 7.96 7.6630-Year Bond 8.09 8.10 7.88

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